Lumberjack
Premium
join:2003-01-18
Newport News, VA
| vodafone is big
Ok, so Vodafone has a huge interest in Verizon Wireless, we get that. But please keep in mind (as most news articles on BBR underestimate) how large Vodafone is. They operate just about everywhere except the Americas and have revenue to the tune of $60 billion a year. So when investors get cranky lets not always assume it has something to do with Verizon.
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»www.fairtax.org |
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NOCMan
Verizon Fios User
Premium
join:2004-09-30
Flower Mound, TX
| The problem is that there's 2 kinds of investors. Long term and short term. Vodaphone is battling with their large short term investors who want Vodaphone to sell it's stake in VZW and return the profits to shareholders.
Once that happens the large short term holders will flee like rats on a sinking ship.
Long term investors see the value that the investment in VZW brings to the table. When Vodaphone is having a hard time in it's own markets VZW's large profit margin per customer. I believe it's 56 dollars per customer on average. That margin is what's paying for Verizon's FIOS conversion and keeping Vodaphone from posting a loss. |
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