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Forums » Fairpoint Deal Moves Forward » These states aren't unprofitable, they just make LESS profit
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ashworth

join:2001-10-06
Pittsburgh, PA
reply to qworster
Re: These states aren't unprofitable, they just make LESS profit

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..
Forums » Fairpoint Deal Moves Forward« I just wish...  


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