 jack bGone FishingPremium,MVM
join:2000-09-08
Cape Cod
kudos:1 | cha ching. Now: Verizon gets a 600 million tax write-off, pockets 1.7 billion in 2007 cash, sits back and waits for the-little-engine-that-couldn't to go belly-up.
Then: Steps in to "rescue" New England telephone service for pennies on the dollar, raises prices, cuts labor. Makes gazillions.
Lather, rinse, repeat.
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 tschmidtPremium,MVM
join:2000-11-12
Milford, NH
kudos:5
 ·Fairpoint Commun..
 ·Hollis Hosting
| Gee jack b  you must be pretty cynical to think that is what they are doing. Thought never occurred to the rest of us. 
/tom |
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Sammer
join:2005-12-22
Canonsburg, PA | reply to jack b
The only problem with that scenario is that it will be Verizon's shareholders that will own a majority of Fairpoint unless they sell fast. |
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jack bGone FishingPremium,MVM
join:2000-09-08
Cape Cod
kudos:1 | reply to jack b
You may call me Captain Obvious, thank You.  |
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droobiePremium
join:2007-10-09
Bangor, ME | reply to jack b
They're also taking away copper from FIOS markets (and FIOS installed houses) to remove competition and they're installing FIOS directly into competition in AT&T markets which will probably help kill or injure cable and copper services in any markets they serve.
Then there's only one thing left to do.. Jack up the price...
By the time everyone figures this out, the game will already be played. I guess then we'll go back through the same cycle we did with copper, where the government will require opening of competition, etc. It will be messy and a long process. |
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