Re: 679 million dollar contract in http://www.dslreports.com/forum/r20512490 en Sat, 05 Dec 2009 19:22:31 EDT Sat, 05 Dec 2009 19:22:31 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20514565 morbo :
said by SD6 See Profile :

I sometimes wonder whether the intention is to tie news themes together or to create themes. Using the size of an unrelated government contract to support criticism of the size of the penalties in the NYC FIOS agreement is not appropriate. This website is valuable to me as an aggregator of broadband related news. I can deal with the various editorial slants.
I'm not sure what website you're reading, but dslreports and its readership has been accused of being OVERLY supportive of Verizon, with its long-term business plan and use of future-proof technology.

Pointing out that VZ received a very large government contract is interesting both as VZ stockholder and citizen of this country. I was unaware of the news so I followed the link to learn more.

The financial penalties for Verizon for failing to meet FIOS rollout targets in NYC is 100% laughable. That amount of money is chump change, not the "large monetary penalities" you called it. ]]> http://www.dslreports.com/forum/remark,20514565 Tue, 20 May 2008 21:04:26 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20514547 dvd536 :
said by Karl Bode See Profile :

Those penalties are a gift.
which are a pittance after all the lucrative areas are cherry picked. and the 30 million? written off as a biz loss.
typical big biz practices. * y a w n *
--
When I gez aju zavateh na nalechoo more new yonooz tonigh molinigh - Ken Lee]]> http://www.dslreports.com/forum/remark,20514547 Tue, 20 May 2008 21:02:39 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20514508 dvd536 :
said by Karl Bode See Profile :

Actually it's only been mentioned twice for scale, and I can use another metric if you'd like.

The amount made on just fees in the last month by the company nationally?
its mind boggling. specially the "my service sucks so i gotta pay $200 penalty to get off it" fee.
--
When I gez aju zavateh na nalechoo more new yonooz tonigh molinigh - Ken Lee]]> http://www.dslreports.com/forum/remark,20514508 Tue, 20 May 2008 20:56:07 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20514236 Pathfinder :
said by Karl Bode See Profile :

The scale of the penalties are even not remotely in line with the company's overall revenues. Verizon spends $4 million per quarter on lobbying alone. Those penalties are a gift.
And they shouldn't be. The company does business in many states and that state should be the gauge not the nation.]]> http://www.dslreports.com/forum/remark,20514236 Tue, 20 May 2008 19:53:41 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20513758 SD6 :
said by morbo See Profile :

said by MrSpock29 See Profile :

One has nothing at all to do with the other.
I disagree. News is news, and this website's purpose is to provide the news and tie together relevant themes that exist.
I sometimes wonder whether the intention is to tie news themes together or to create themes. Using the size of an unrelated government contract to support criticism of the size of the penalties in the NYC FIOS agreement is not appropriate. This website is valuable to me as an aggregator of broadband related news. I can deal with the various editorial slants.

The appropriate factors to judge the size of the penalties:
1) their proportion to the value of the franchise (to VZ)
2) the extent of competition to execute a similar franchise
3) the penalties in similar franchise agreements

I can only comment on 2) and 3) now. Not much competition because there are very few companies that could even hope to wire all of NYC for TV in six years (or even 10 years). Very few franchise agreements explicitly include large monetary penalties for failure to complete the buildout. ]]> http://www.dslreports.com/forum/remark,20513758 Tue, 20 May 2008 18:16:27 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20513253 MrSpock29 :
said by Shamayim See Profile :

I apologize. Apparently I misunderstood your comment.
No worries :)]]> http://www.dslreports.com/forum/remark,20513253 Tue, 20 May 2008 16:39:17 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20513214 Shamayim : I apologize. Apparently I misunderstood your comment.]]> http://www.dslreports.com/forum/remark,20513214 Tue, 20 May 2008 16:32:29 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20513146 MrSpock29 :
said by Shamayim See Profile :

said by MrSpock29 See Profile :

This is supposed to be a capitalistic society.
Capitalism is the best economic system in the world. It is not a license to rip off the consumer.
Agreed. Not sure where I ever said it was a license to rip off people though.]]> http://www.dslreports.com/forum/remark,20513146 Tue, 20 May 2008 16:21:09 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512863 Shamayim :
said by MrSpock29 See Profile :

This is supposed to be a capitalistic society.
Capitalism is the best economic system in the world. It is not a license to rip off the consumer.
--
Who is Jesus? and Why it matters (to YOU).
]]> http://www.dslreports.com/forum/remark,20512863 Tue, 20 May 2008 15:35:22 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512618 morbo :
said by MrSpock29 See Profile :

One has nothing at all to do with the other.
I disagree. News is news, and this website's purpose is to provide the news and tie together relevant themes that exist. ]]> http://www.dslreports.com/forum/remark,20512618 Tue, 20 May 2008 15:01:38 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512552 EPS : Probably the former MCI side of the business though, not the former NYNEX/Bell Atlantic division that's responsible for FiOS... Still the same parent company I guess though.]]> http://www.dslreports.com/forum/remark,20512552 Tue, 20 May 2008 14:49:49 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512538 MrSpock29 :
said by Karl Bode See Profile :

quote:
I guess we are at a time where we look to heavily penalize companies for trying to do business.


Yes. Just to be mean. Good insight.
It was sarcasm.
Feel free to delete what you wish.]]> http://www.dslreports.com/forum/remark,20512538 Tue, 20 May 2008 14:48:10 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512532 Karl Bode :
quote:
I guess we are at a time where we look to heavily penalize companies for trying to do business.
Yes. Just to be mean. Good insight.]]> http://www.dslreports.com/forum/remark,20512532 Tue, 20 May 2008 14:47:05 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512511 MrSpock29 :
said by Karl Bode See Profile :

The scale of the penalties are even not remotely in line with the company's overall revenues. Verizon spends $4 million per quarter on lobbying alone. Those penalties are a gift.
In your opinion. But I guess we are at a time where we look to heavily penalize companies for trying to do business. A 121 million dollar penalty is a 121 million dollar penalty. If they lost that big deal, should the penalties go down?]]> http://www.dslreports.com/forum/remark,20512511 Tue, 20 May 2008 14:42:41 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512501 TKJunkMail :
said by morbo See Profile :

it has to do with VERIZON, which is the company set to wire NYC. it's also a huge government contract, so it's good to know just for general information.
Yes, but that isn't WHY it was included.
--
My BLOG .. .. Internet News .. .. My Web Page]]> http://www.dslreports.com/forum/remark,20512501 Tue, 20 May 2008 14:41:21 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512495 MrSpock29 :
said by morbo See Profile :

it has to do with VERIZON, which is the company set to wire NYC. it's also a huge government contract, so it's good to know just for general information.
A Federal contract has nothing to do with a contract for NYC at all, IMHO, it is irrelevant to the point.
It is similar to saying that "Comcast is deploying DOCSIS 3.0 in their markets, the same company who had an issue with a traffic accident......". One has nothing at all to do with the other.]]> http://www.dslreports.com/forum/remark,20512495 Tue, 20 May 2008 14:40:35 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512490 Karl Bode : The scale of the penalties are even not remotely in line with the company's overall revenues. Verizon spends $4 million per quarter on lobbying alone. Those penalties are a gift.]]> http://www.dslreports.com/forum/remark,20512490 Tue, 20 May 2008 14:39:49 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512465 morbo : it has to do with VERIZON, which is the company set to wire NYC. it's also a huge government contract, so it's good to know just for general information.]]> http://www.dslreports.com/forum/remark,20512465 Tue, 20 May 2008 14:35:24 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512459 anon :
said by MrSpock29 See Profile :

I'm trying to figure out why this is now mentioned in every Verizon news piece on here.
Evidently, you haven't been following the "Hate Bush" campaign for the past 7.5 years.

What I'm trying to figure out, is why none of these same critics ever questions the Al Gore Tax / E-Rate Program, which steals billions from us annually.]]> http://www.dslreports.com/forum/remark,20512459 Tue, 20 May 2008 14:34:55 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512454 MrSpock29 :
said by Karl Bode See Profile :

Actually it's only been mentioned twice for scale, and I can use another metric if you'd like.

The amount made on just fees in the last month by the company nationally?
Karl,

This is a slippery slope. Every company that tries to do business should have prior deals held against them?
What does it have to do with NYC? ]]> http://www.dslreports.com/forum/remark,20512454 Tue, 20 May 2008 14:34:15 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512441 MrSpock29 :
said by morbo See Profile :

why do you think it isn't relevant?
What does it have to do with NYC? Nothing. Businesses go out and "do business". Because a company gets one contract totally unrelated, does that mean it should be held against them?
This is supposed to be a capitalistic society.]]> http://www.dslreports.com/forum/remark,20512441 Tue, 20 May 2008 14:32:16 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512436 Karl Bode : Actually it's only been mentioned twice for scale, and I can use another metric if you'd like.

The amount made on just fees in the last month by the company nationally?]]> http://www.dslreports.com/forum/remark,20512436 Tue, 20 May 2008 14:31:31 EDT Re: 679 million dollar contract http://www.dslreports.com/forum/remark,20512416 morbo : why do you think it isn't relevant?]]> http://www.dslreports.com/forum/remark,20512416 Tue, 20 May 2008 14:29:14 EDT 679 million dollar contract http://www.dslreports.com/forum/remark,20512363 MrSpock29 : I'm trying to figure out why this is now mentioned in every Verizon news piece on here.
Also, a cumulative 121 million dollars in penalties for not hitting milestones seems very steep to me. I think most businesses would look for areas that didn't have the potential to be so costly. ]]> http://www.dslreports.com/forum/remark,20512363 Tue, 20 May 2008 14:21:03 EDT