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flankspeed8

join:2001-07-20
Saint Paul, MN

Google a $100 billion company

Google is a big boy. They have a higher market cap than Verizon and no debt. If they wanted, they could have ponied up some cash but instead they would rather someone else build the network for them.


fAcEtIOUs
Premium
join:2002-03-03
kudos:4

1 edit

said by flankspeed8:

Google is a big boy. They have a higher market cap than Verizon and no debt. If they wanted, they could have ponied up some cash but instead they would rather someone else build the network for them.
Running a wireless company is outside their area of expertise. And the cost of the license is just a very small part of the total cost to build a wireless business. And Google surely didn't want the headaches of dealing with governmental agencies(local, state, federal) all over the country. And they also would have had to expand their customer service and sales organizations by an order of magnitude if they got in to running a wireless business. Believe me - they did not want any of those headaches. They wanted all the ad $ gravy an open network could give them, but none of the headaches.

By getting the FCC to put open access rules on the C block spectrum, they pulled a fast one on all the wireless companies - at least for now. The wireless companies get their crack at getting even when they start to use that spectrum and make life difficult for Google to actually cash in on what they got thru lobbying.
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T1 Rocky

join:2002-11-15
Dallas, TX

reply to flankspeed8

No more foreplay!

Let's get to the penetration! Where's this all headed? Verizon and AT&T should merge and absorb the cable companies and rename the company VATT. Then rather than paying a bill to VATT, the government will just automatically tax you 8% out of your paycheck which will go straight to VATT. VATT will provide all of the nice neighborhoods with fiber, the middle class with dsl and the lower class will get dial up. It also comes with television, phone, cellular, long distance, CB radio as well oral communicaiton. However, if you do not pay your taxes than VATT forbids you to speak outside of your residence.
Every 3 years, the CEO of VAT retires and is given a country in Central America to live in and own. Yet magically, the stock value of VATT will never change.

jtorre69

join:2005-12-26
Hollywood, FL

reply to flankspeed8

Re: Google a $100 billion company

*************exactly***************
Everyone fails to recognize that google is as large if not bigger than verizon and at&t. Why has google passed on buying spectrum? Google knows it's easier to trash the incumbents than to become one.......

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