 FIOSHD join:2007-10-22 united state | Why all the VZ hate Karl? It's so tiring reading these releases on this site. Every single thing Verizon does is met with cynicism by Karl. in 2004 VZ made a statement on how many homes they were going to pass. Now that they have agreements in place with local franchises that would bring them above the number of homes originally approved by the board of directors they are simply stating that they will not seek new obligations until they have recouped some of their investments and can evaluate whether or not there will be a new business plan to further the expansion.
Since when is it negative news when a company does EXACTLY what they stated they were going to do when they started this deployment in 2004?
If it was my company I would meet my original commitment. Evaluate the profitability of the venture and then make a business decision on whether to continue the investment beyond my original commitment. Seems like good common sense to me. It makes even more sense when you consider that the revenues they are realizing from phase I of this project (should there be a phase II) would fund the further expansion instead of being a drain on the diminishing revenue streams from their core business which necessitated this overhaul in the first place.
IMHO VZ is well on their way to being the most successfull telecom company of the 21st century. |
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 | said by FIOSHD:IMHO VZ is well on their way to being the most successfull telecom company of the 21st century. How are they doing that? By offering their outdated technology to a few select areas?
Other countries that have fiber to the home have speeds well in excess of what Verizon offers. So far Verizon only wants to offer speeds slightly faster than cable, because that's all they have to do. |
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