 cdruGo ColtsPremium,MVM join:2003-05-14 Fort Wayne, IN kudos:5 Reviews:
·Frontier FiOS
| reply to ztmike
Re: fu to Verizon said by ztmike:Honestly..this huge of a sale makes me sick, its like Verizon telling me, well see-ya you're not profitable so we'll be selling you off. Yeah, and? How is this differently then most other companies that want to maximize profit? Frontier approached Verizon, nto the other way around. If you owned a dilapidated old home that you weren't real keen on maintaining forever, and someone came and offered you a premium for it, are you telling me that you wouldn't take it?
Yet Comcast hasn't sold its subscribers off like Verizon just did, Verizon just unloaded HALF OF THEIR USERBASE. They didn't sell half their userbase. They sold about 15% of their user base that covers 47% of their territory. In other words, the least dense part of their territory.
Verizon= Cherrypicker, and I dare you to say they don't, when faced with this evidence. Would you rather Verizon just keep a hold of those customers and never do anythign with them?
O and if these areas were not profitable, then why the HELL did you install FiOS at some of the locations?  They selectively installed them in I believe 3 markets in the sold off territory. When they started to do installs in those markets several years ago, Frontier hadn't approached them. They weren't actively seeking a buyer for those markets but the opportunity presented itself.
They offloaded 1/2 their territory and it just happened to have those 3 FiOS markets where, relatively speaking, wasn't too many customers. They couldn't sell off all 14 states except those 3 markets. So those 3 markets in some regards were just "causalities" of the divestiture. If they had a reasonable choice, they might have wanted to keep them, but the 3 markets were also pretty remote to most other currently planned FiOS installs so getting rid of them was still advantageous. |