I think everyone needs to chillax (including the shareholders) and give them some rope to hang themselves on next quarter's earnings.. IMO these are a once-off thing and they'll return to profitability next quarter.. there is no indication that they would do otherwise.
It's also expensive ($$) to get rid of CONTRACTED UNIONIZED WORKERS.. but it's a one-time expense, over & done with. That double edged sword of severance money pushing you in the direction of looking for another job in this jobmarket can be a mixed blessing if you can't find work for 1+ years.
Verizon's doing alot of right things to fight tooth & nail for the NYC customers of Time Warner & Cablevision. Don't jinx it now, or you put at risk TWC & Cablevision actually competing by increasing broadband speeds.
quote: On the wireless front, Verizon actually managed to add 665,000 contract wireless customers, more than the 496,000 for AT&T -- despite not having the iPhone.
Atleast they're doing well on the wireless side. Hopefully this means more high end android phones. -- I found the key to success but somebody changed the lock.
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