said by dynodb:FiOS isn't making Verizon money, wireless is. FiOS is costing them money, at least for the time being. Qwest lacks it's own wireless division, and as pretty much everyone who's been paying attention knows, this is what has hurt them.
What would have been Qwest's wireless division was sold to Vodafone in 1999. Less than a year later the former Bell Atlantic / NYNEX and Vodafone began operations of a joint venture known as Verizon Wireless. Surely some stock analysts thought that sale was a good idea at the time.
