openbox9
join:2004-01-26
Alexandria, VA
kudos:2 | reply to hottboiinnc
Re: Shouldn't be able to combine AT&T Mobility is a wholly owned subsidiary of AT&T, Inc. VZW is a private company, partially owned by Verizon Communications, Inc. Why would T and VZ not report their earnings? |
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Reviews:
 ·WOW Internet and..
1 edit | VZW is actually a separate company. they may share the same name with "wireless" at the end but its still separate. They're a private company with only VZ owning part of them. they're a joint venture. Mobility is still a separate company as well and has their own HQ as well. They only have the same parent company.
By mixing the numbers together one could argue that they're fixing the numbers and it could lead to either increase their stock price falsely due to they do not actually have that many of customers as far as Internet or voice is considered.
If it was Comcast or any other cable company doing that the Telco's would be calling for the numbers to be separate as well as people on here. |
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openbox9
join:2004-01-26
Alexandria, VA
kudos:2 | said by hottboiinnc:VZW is actually a separate company. they may share the same name with "wireless" at the end but its still separate. They're a private company with only VZ owning part of them. they're a joint venture. Mobility is still a separate company as well and has their own HQ as well. They only have the same parent company. That's what I said.said by hottboiinnc:By mixing the numbers together one could argue that they're fixing the numbers and it could lead to either increase their stock price falsely due to they do not actually have that many of customers as far as Internet or voice is considered. But T and VZ do own the respective companies (partial stake in VZ's case), so they do have that many customers, and the revenue streams that go along with them.said by hottboiinnc:If it was Comcast or any other cable company doing that the Telco's would be calling for the numbers to be separate as well as people on here. If the cablcos, or the telcos for that matter, spin off publicly traded companies, then the earnings should be reported separately. These subsidiaries aren't separate publicly traded companies, i.e. you aren't investing in the wireless segments separately, therefore you don't care about the financials separately. |
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Reviews:
·Insight Communic..
| Granted, but in reality there shouldent be "subsididaies & affilated company's" Shoot nothing (at least in ohio) has changed, just the name. Were still Ohio bell d/b/a AT&T Ohio et al. Shoot, even the power company still is Columbus Southern Power d/b/a AEP Ohio, and they are fricken headquarted here, the main AEP that owns AEP Ohio.
Personaly i feel that these mergers and aqusitions need to be 100% fully absorbed. Meaning when at&t says its selling wireless or internet or phone, it realy is them, not a affilated company such as AT&T Internet Services, which realy still is Ameritech New Media, ect... |
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openbox9
join:2004-01-26
Alexandria, VA
kudos:2 | I don't see the problem. Looking at the financials, you'll only find AT&T, Inc, which references the wholly owned subsidiary of AT&T Mobility. |
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Reviews:
·Insight Communic..
| problem is they pass the buck on who need to deal with it, u talk to one subsidaries billing dept, oh thats not my area or division or region. Just try and call 1800 288 2020 sometime and ask for wireless billing, it screws up and sends you to landline billing if your calling on your landline phone, but even on the wireless phone too! |
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openbox9
join:2004-01-26
Alexandria, VA
kudos:2 | That's endemic of antiquated support systems, not the corporate, legal structures. |
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| granted, but i was providing reasons for both sides |
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