said by davidhoffman:The majority of investors and CEOs in the USA think longterm investment is 50 weeks. In Japan it is 50 years. You build a symmetrical fiber optic force everywhere you have a presence. You use that force town by town, block by block, and house by house to slowly, patiently undo the tangled knot of traditional cable company power. 20-30 years later you have become the dominate profit maker in the ISP area. The cable companies are stuck protecting the traditional cable video model of delivery. You, Verizon, don't care about that model, because your model is to move the bytes as fast as possible, no matter what kind of bytes they are. I think that would have been a truly winning long term investment strategy.
And the 50 yr outlook attitude, which is changing in Japan BTW, is what has had Japan in a recession for the last 30 years.