 tenpin784I Went To The Dark Side?
join:2001-03-30
New Durham, NH | Don't you mean Frontier deal?
I hope one of those states denies the deal. Look what happened to us in New England..... |
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Romney2012Defeat Obama 2012-Chg we can believe inPremium
join:2002-03-03
USA
kudos:4
2 edits | said by tenpin784:Frontier deal? I hope one of those states denies the deal. Look what happened to us in New England..... 1 or a couple states non-approval may not stop sales in other states. This deal may not be an all or nothing proposition no matter what Frontier's rep says:
according to Whitehouse, Frontier’s treasurer.
And he said there’s no chance that Verizon and Frontier might renegotiate the sale to exclude Oregon and Washington, should regulatory approval prove unobtainable.
“It’s all or nothing,” Whitehouse said. That is a negotiating tactic to try and buffalo the state regulators.
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| And if these 2 states block the deal there VZ could just file and abandon the network and WA and OR would be SOL. |
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| reply to Romney2012
then give them nothing....if the deal goes through it will be only a matter of time before those states will be stuck with nothing anyways!
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BF69~~~Please stop suffocating gerbils! |
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iansltx
join:2007-02-19
Golden, CO
kudos:2 | Then the networks get flipped to someone else. Windstream maybe... |
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Sammer
join:2005-12-22
Canonsburg, PA | reply to hottboiinnc
said by hottboiinnc:And if these 2 states block the deal there VZ could just file and abandon the network and WA and OR would be SOL. It doesn't work that way with regulated public utilities. If Verizon abandons the network the states will take it over and sell it to someone else. Out of the proceeds of such a sale will come the states' expenses before Verizon sees a dime. Not only should all regulators in all the states reject the Verizon-Frontier deal but after Hawaii and New England any regulators who approve it should be investigated and prosecuted for corruption! |
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DolganPremium
join:2005-10-01
Sun Prairie, WI Reviews:
 ·Charter
| reply to hottboiinnc
If the sale is blocked, the areas will be spun off as their own entity called SPINCO [similar to what happened when Sprint spun off its landlines as EMBARQ]. Verizon no longer wants the service areas and are too lazy to do the work necessary to have higher RoI. Kinda funny that the FIOS areas being spun off have the highest take rates, but what else do we expect from the "Enlightened Executives" at Verizon? They are still more worried about making the stock price look higher than it should be with all of the CapEx spending going on...gotta preserve those bonuses for Ivan and the boys! |
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