Verizon Posts $2 Billion Loss > Conclusion: more FIOS

Conclusion: more FIOS

Hardly.

Investors will read this and say more wireless customers plz.

The wired division is not doing well as Karl mentions that ADSL customers continue to leave.

Yet their wireline side still made 300 million in the quarter. Thats nothing to sneeze at.

Plus, people are leaving DSL because they have no Fios.

reply to HaloFans

reply to FloridaBoy
people would still leave even if they could get FiOS. Most people don't want to sit at home for an entire day getting one service installed. Especially if they have to dig up their lawn to install the Fiber for the house. It's also shown that most people do not need the higher speeds that FiOS offers.

And research has shown that if you give a human more than 3 choices on one thing; they can NOT make a choice and will just stay where they are due to the brain can NOT handle the process.

reply to FloridaBoy
Even for people who are able to access FiOS, the services are priced unreasonably and not competitive to the cable prices. All the reason to ditch Verizon all together.

Verizon enforces a business model for "early adopter" FiOS customers to pay for the deployment from those prices.

How do you expect people to switch from cable if there's no financial incentive? It's also why people continue to keep DSL for their services despite inferior speed. It's only to a point when the DSL service becomes unusable due to downtime that people switch over to cable.

reply to HaloFans
Hence, they need more FIOS to retain customers.

Those of you dissing FIOS. What a bunch of spoiled nuts you all are. I wish I could get FIOS.

reply to FloridaBoy
I'm thinking of switching from Comcast over to FIOS. I only have internet, but my bill keeps going up, it's up over $80 a month now just for internet.

Granted, I am getting over 30mb/down and average of 5mb/up.

Any chance of me keeping those speeds with a cheaper internet bill each month if I switch to FIOS?

I'm really on the fence, but also getting really tired of how Comcast bill somehow magically continues to go up every couple months with no change to my service.

(small rant here)
When trying to contact Comcast customer service, no matter what time of day I call it's always 'experiencing longer than normal wait times'. Ok, if it's always longer than normal, than what and when do you actually experience normal call wait times?

reply to HaloFans
Considering the large differences between DOCSIS 3.0 and FioS buildout costs and the large difference in benefits between each company's employees, I don't think there was really much option of serverely undercutting cable prices.

Of course, that brings to question, considering the above differences, why cable doesn't price itself cheaper.

As for switching service, people have different reasons for doing so. I am sure price is a big reason for some. I switched because even a Neo-Luddite like myself has seven devices on the network now and Bright House couldn't match it.

reply to NWOhio
Indeed, I would never claim otherwise that people would leave. Rereading my post, I didn't make it clear that I was referring, from Verizon's point of view, that they are leaving because Fios isn't there. Sorry about that.

AS for the install part, it wasn't that big of a deal for me. An inch wide trench placed the fiber drop through the lawn. That was all they did to my property.

reply to BiggA
Actually this would explain why they stopped FIOS. Fiber to the home is good for the next 50 years, but expensive for the first 10.

reply to BiggA
Maybe they make lots more money from cell phones? Also, if there's no FIOS then LTE is an easier sell.

reply to NWOhio
Then how do people manage to order at a McDonalds, or buy a car?
--
Petty people are disproportionally corrupted by petty power

reply to NWOhio

reply to BiggA
This mentality is exactly the thinking that Verizon and other big corps want you to think. They want you to think of it that we're doing them a big favor aka "the customer is always wrong" in subscribing to their services.

Deregulation in the telecom industry proved to be disastrous, just like the regulation of housing prices that causes an artificially engineered economic bubble to collapse.

This FiOS project and Uverse project were supposed to be completed a long time ago, but through lobbying and paying corporations, they can bend laws to their will.

Just see how Verizon is signing cable agreements just to make sure FiOS won't ever see the light of the day in the near future.

Competitive prices? I'm laughing. This is one big joke.

Corporations are for the people? Give me a break.

Last hope is Google. If Google's fiber project deploys successfully, it's going to be a start of fast affordable internet.

reply to HaloFans

Still too expensive. Verizon's pricing can do much better if they're serious about market share.

Look at other countries' pricing structures for fiber optic services. America is dead last in consumer friendly prices.

Foreigners already think Americans are crazy to pay for receiving texts and phone calls for wireless services. Wired line services are already there for outrageous sales practices.

Now it's too expensive? I thought it wasn't competitive. I needn't bother looking at other countries because I am not moving.

Same thing. Expensive means not affordable therefore not competitive so stick with lower end services. Verizon needs to 1-up the competition by making the services cheaper than the cable companies. I see that as a $10 markup plus TV box and phone fee additions.

Way to miss the point. My point about other countries is that America is behind and looks really bad when it comes to offering the same electronic services.

Continue drinking that Kool-Aid and say things like we have the best internet.

I drink no Kool-aid. What exactly have you done to lower cable prices? We are just pawns and comparing us to other countries is useless.
As far as the Vz offer goes it winds up cheaper and has more features.