odreian615
join:2006-01-18
Chicago, IL | I keep saying this on here and Digg
Comcast will buy Vonage along with Sprint |
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
 ·Cox HSI
 ·Speakeasy
| said by odreian615  :Comcast will buy Vonage along with Sprint Why? So Comcast can owe Verizon $197Mn plus $4.93/mo./customer?
-tom |
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TScheisskopf
World News Trust
join:2005-02-13
Belvidere, NJ
 ·Sprint Broadband D..
1 edit | As per that $4.93/mo, that would be money in the bank for a Comcast or Sprint.
They would work out a plan to pay quarterly or yearly. That money would be collected, placed in investment instruments that mature in the requisite length of time, cashed out, the money paid, and the interest is a revenue stream.
It's called "playing the float". Your employer does the same thing with your FICA taxes. It's free money.
On edit: It just dawned on me that the charge on bills may well be more than $4.93. "Administrative Fees", you see. Oh yeah, big cash cow for a company like Comcast. $197mill, to them, is pocket lint. |
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