 supergirl
join:2007-03-20 Pensacola, FL
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| Re: Lot of Millions Served to Go 226,000 net new FiOS TV customers, 943,000 total FiOS TV customers at year-end; Verizon now has more than 1 million FiOS TV customers. 264,000 net new broadband connections, including 245,000 net new FiOS Internet customers; 8.2 million total broadband connections, up 17.9 percent from year-end 2006. 25.1 percent increase in revenues from strategic services at Verizon Business. »newscenter.verizon.com/press-rel···ear.html
Well, they have at least 1,000,000 FIOS HSI customers since FIOS TV is that much but they need to have triple that number by year's end. $17.5 billion in 2007 capital expenditures is a lot for a company with $93.5 billion in total 2007 revenues, up 6.0 percent from 2006; up 6.1 percent on an adjusted basis.
If they are going to continue justifying FIOS, they need to get more customers. 1 million out of 65.7 million total customers is not that great.
Note: I own the stock and would like to see bigger FIOS numbers. It'll also get the Cable COs to expand their capital investments. FIOS is good for the entire industry since it shows what guts can do but won't if they can't sell it. -- Saving the world keeps me busy. However, I find Earth very primitive from my home planet of Krypton. -Supergirl |