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tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:5
Reviews:
·Comcast

1 recommendation

reply to cptmiles

Re: Lessons learned

Frontier is an decent company, but they aren't prepare or capable of taking managment control of x00% of there current customer load, and x00 times 10 of debt. (no company is unless they intend to 'strip the assets' and sell the bones)
This isn't even about a set broadband speed or assuring RELIABLE basic telephone service.
It about"...by allowing this, have regulators allowed the creation of an ongoing viable (porfitable) business that can and WILL continue to serve the public OR is this a process of shedding debt? (assets to be later reabsorbed)

Regulations need to change to coordinate the balance of protective benfit to corp's( and individuals) vs RESPONSIBLITIES to meet their OBLIGATIONS.


Snowy
Premium
join:2003-04-05
Kailua, HI
kudos:6
Reviews:
·Time Warner Cable
·Clearwire Wireless
said by tshirt:

...OR is this a process of shedding debt? (assets to be later reabsorbed)

Regulations need to change to coordinate the balance of protective benfit to corp's( and individuals) vs RESPONSIBLITIES to meet their OBLIGATIONS.
You've hit that proverbial nail on it's head!
Imagine buying into debt of Verizon only to wake one morning to find that Verizon dumped it's obligation to pay you back into an entity that you would have never considered buying into.
It's a disgraceful situation, par for Verizon.