wierdo
join:2001-02-16
Tulsa, OK
 ·Future Nine Corpor..
·Teliax VOIP
| reply to NewMariner
Re: What a waste
said by NewMariner  :Never once did I say Verizon would rewire their network. I simply stated that if investors pulled the plug on Verizon,(stopped the cash flow) Investors don't bring cash flow. Customers do. At least in the absence of a new stock issue, which I don't believe is on the table.
All of the ILECs are still so ridiculously profitable (especially those with wireless, but even landline only) they are like money minting machines. They can afford to do most anything they want.
When SBC and BellSouth bought ATTWS in 2004, SBC had enough cash on hand to pay for their 60% share of it, plus had another $20 billion or so left over. BellSouth had most of what they needed, but decided they'd rather raise some extra funds by selling off some of their latin american wireless operations to Telefonica so they wouldn't be running low.
Of all the companies in the world, the telcos least need to worry about their stock price.
--
It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word.  |
