qworster
join:2001-11-25
Los Angeles, CA
 ·DSL EXTREME
·Brand X Internet
 ·RoadRunner Cable
 ·Vonage
4 edits | These states aren't unprofitable, they just make LESS profit
These states are profitable, they just make LESS profit then Verizon wants. Okay, sell them off Verizon. BUT the problem is that Verizon is REALLY greedy and wants to have THREE cakes and eat them ALL too-with the taxpayers and ratepayers paying for all three cakes.
See, Verizon looks at how many people per wire mile crossed and in these three states there's less then they claim justifies upgrading plant. BUT the old plant DOES need to be upgraded, as much of it is old and literally falling apart, and ignoring that is folly. Things wear out, and Verizon's plant in these states is old. Their attitude is why should we spend ten dollars there to get 30 dollars of return, when we can spend that ten dollars in a Boston suburb and get 100 dollars of return? Why? BECAUSE YOU ARE A REGULATED MONOPOLY, THAT'S WHY! As part of getting that monopoly, you AGREED to service the good areas with the bad, and now you want to unilaterally cancel that agreement.
Well guess what? YOU CAN'T!!! You should NOT be allowed to sell off your problem children at a HUGE profit to a poorly financed company that won't be FINANCIALLY ABLE to do the necessary upgrades!
But that's what you WANT, isn't it Verizon?. Because if Fairport does poorly, more people will dump them and go wireless. And, who's the biggest cellular operator in these states? Hmmm..let me think-VERIZON IS!!!
Live with it (GREEDY) Verizon and move on! |
|
ashworth
join:2001-10-06
Pittsburgh, PA | Verizon will make a contribution of $235.5 million to the working capital of the new company prior to the closing. That should get them off to a good start.. |
|
qworster
join:2001-11-25
Los Angeles, CA | Got it...
Just like Verizon got BILLIONS from the tazpayers and ratepayers in Pennsylvania almost a decade ago to build a statewide fiber network thay haven't even STARTED to build!
You people in PA should be the ones trusting verizon LEAST OF ALL!!! |
|
publius
@comcast.net | reply to ashworth
Re: These states aren't unprofitable, they just make LESS profit
that $235 million is only the suggestion that is being offered in Maine. It doesn't take into account what NH will ask for, as well as Vermont. If this goes through, it's going to cost Verizon hundreds of millions to sell off the three states |
|
dh
@wbf.com | don't be a liar...
..it won't "cost" them anything; the whole sale is a cash cow for Verizon in the end, between the proceeds, tax savings, and deferred maintenance that they skipping out on.. |
|
