|reply to PGHammer |
Re: ROIC and Let's Play "Hide the Pea with Expenses!"
Good point about the VZW-Vodaphone complication. That limits them somewhat.
To your point about FiOS for SMB, I have been waiting for that shoe to drop for a while now. There is something on their web site about FiOS for Medium business. I don't know if Moffitt's model shows that upside. Also not sure if he takes into account what will happen with equipment prices if/when other telcos jump in and start ordering equipment at scale, which should lower unit costs.
VZ *has* to have a care about getting into SMB, considering that the cable companies (Comcast in particular) are going full-tilt after those customers (the SMB market has also traditionally been where VZ had been selling Centrex and where UUnet and MCI had been selling data services; that area now operates under the Verizon Business imprint) not to mention enterprise markets (also under VZB). I'm actually surprised that VZB hasn't formed a JV with data-service providers (such as Bloomberg Business Information, LP) concerning reselling of Bloomberg data services to enterprise/SMB and even residential customers via FiOS.