3 edits | Good for AT&T What the hell is AT&T complaining about? I'm on Verizon but this is a no-win situation for Big Red. Expectations for AT&T are already low, but if the inevitable comparisons somehow favor AT&T--which has been installing an order of magnitude more buildout than VZW as of late--Verizon is due for weeks of horrible publicity, subscriber defections, spiraling stock prices, and corporate shakeups.
I'm going to hold on to VZW stock until the guaranteed iPhone bump happens. The ensuing bear-mauling is purely theoretical, but there's not much immediate upside after the day or so of bull bump anyways, so I'm gonna sell right after.
Verizon has a history of rushing into hardware releases (I'm looking at you, Storm); they really need to do a limited release somewhere (fully subsidized of course--can I recommend Atlanta?) before they jump in with both feet.
I assure you this scenario is going to start playing out in a lot of peoples' heads eventually--if Vodafone is on the ball, they will have started thinking about a buyback plan to inoculate their shares against a strong headwind of trading volume. If you're willing to bet on them being that smart, that would make now a pretty good time to buy. Verizon had better have a lot of cash on hand if people start catching on. |
