1 edit | reply to morbo
Re: 679 million dollar contract said by 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. 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. |
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 morboComplete Your Transaction
join:2002-01-22
00000 | said by MrSpock29: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. |
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| said by morbo:said by MrSpock29: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. |
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morboComplete Your Transaction
join:2002-01-22
00000 | said by SD6: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. |
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