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S_engineer
Premium
join:2007-05-16
Chicago, IL

2 recommendations

"Wall Street punished us for investing in FIOS."

So anything that moves America forward, gets pushback from the new American aristocracy known as Wall Street. Chinese wages...here we come!
--
"Thanks for the dance... and cut yourself a slice'a throat! "
- Curly (HOI POLLOI, 1935)


FloridaBoy

join:2009-06-22
Bradenton, FL

Re: "Wall Street punished us for investing in FIOS."

said by S_engineer:

So anything that moves America forward, gets pushback from the new American aristocracy known as Wall Street. Chinese wages...here we come!

C'mon S, got to keep that stock price up!! Never mind a bigger payout later, we need cash now!!


Tomek
Premium
join:2002-01-30
Valley Stream, NY
reply to S_engineer

Re: "Wall Street punished us for investing in FIOS."

Companies are driven by profit. Investors want their low-tax income and care less.
I remember when verizon was defending FIOS push.
And now I can actually see the point. With the advent of mobile devices people are no longer connected at home.
--
Semper Fi


serge87

join:2009-11-29
Reviews:
·Verizon FiOS

2 recommendations

reply to FloridaBoy

Re: "Wall Street punished us for investing in FIOS."

said by FloridaBoy:

C'mon S, got to keep that stock price up!! Never mind a bigger payout later, we need cash now!!

gone are the days of long-term investment...now it's all instant gratification!


Jeffrey
Connoisseur of leisurely things
Premium
join:2002-12-24
Long Island
kudos:3
Reviews:
·voip.ms
·Verizon FiOS
·Vonage
reply to Tomek

said by Tomek:

Companies are driven by profit. Investors want their low-tax income and care less.
I remember when verizon was defending FIOS push.
And now I can actually see the point. With the advent of mobile devices people are no longer connected at home.

We'll we're connected everywhere now, but if you asked me "Do you cancel your Fios or do you cancel your cell phone", I'm cancelling my cell phone. High speed internet connectivity in the home is extremely important to me.
--
He used to say that soul shine, is better than sunshine, better than moonshine, damn sure better than rain.

Debunking the 2012 hysteria. | Always looking for a new job | Begging the Wilpons to sell the Mets.


Smith6612
Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:24
Reviews:
·Verizon Online DSL
·Frontier Communi..

1 edit

1 recommendation

reply to S_engineer

Well, I do hate to say it but Verizon is telling the truth, here. With Ivan gone they don't seem to have the push/will to expand FiOS further and defend it but investors (not everyone of course!) mainly complained about even investing in the network due to the long term cost of the network. They became shortsighted in wanting a fast return rather than a solid foundation for a company they invest money into to stand on. Now whether or not that is the ACTUAL story is another thing to measure. I'm going by what I've seen. I understand companies which are publicly traded are massive pieces of financial machinery, but if you lack investors you most likely also lack funds. I just wish Verizon still had a tooth to give whoever/whatever the problem is some beef to tell them they would still be expanding.

I will mention though that even though people are looking to go all mobile, they would still like something other than Cell Phone Internet. They get tired of the fees and slow speeds of Wireless networks and they also get tired of using their phone's web browser after a little while.

Oh well. If things want to be like that...


itguy05

join:2005-06-17
Carlisle, PA

2 recommendations

reply to Tomek

said by Tomek:

Companies are driven by profit. Investors want their low-tax income and care less.
I remember when verizon was defending FIOS push.

And that's why they should be OK with FIOS. We've been looking at houses lately as we just sold ours. In those houses that had FIOS available every one of them had a FIOS box on the wall. Those that were not vacant many were also FIOS TV subscribers as well.

I know in our neighborhood (got FIOS in 2008) I'm seeing more and more FIOS Boxes show up on houses. In the house we just bought you can get FIOS and I'm thrilled. No Comcast (I would have dealt with them) and hopefully I can just take my FIOS boxes with me.

It is a great product and much better than Comcast. Shame they won't build it out more. As a Verizon shareholder I'd like to see them in a better long term position than short term.

quote:
And now I can actually see the point. With the advent of mobile devices people are no longer connected at home.

Really? People need good connections at home. I know I work from home, have an online bakup, VOIP, and an Apple TV. I love our 20/15 FIOS connection with no caps. I also love my data on the go but I need a good connection at home. I don't know anyone that has given up their high speed internet for the stuff on their phone. And with overages and limits I don't see that happening any time soon either.


Smith6612
Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:24
Reviews:
·Verizon Online DSL
·Frontier Communi..

said by itguy05:

Really? People need good connections at home. I know I work from home, have an online bakup, VOIP, and an Apple TV. I love our 20/15 FIOS connection with no caps. I also love my data on the go but I need a good connection at home. I don't know anyone that has given up their high speed internet for the stuff on their phone. And with overages and limits I don't see that happening any time soon either.

Seconded. I hate remoting onto people's computers when they're working from home while I'm trying to help them perform a multi-Gigabyte software install and it takes an hour to download. I'm logged into some key things with my own admin credentials so obviously they cannot use the computer for as long as I'm in and working (this is typically when the automated, user-friendly installs don't work which does happen). I love it when individuals have decent connections as it means I'm not taking their computer away from them for an hour. Fast connections cut that stuff down to 5-10 minutes.


nothing00

join:2001-06-10
Centereach, NY
reply to Tomek

Re: "Wall Street punished us for investing in FIOS."

That wasn't what Verizon was being beaten up over at the time. Plus, think it could be a bit of a self fulfilling prophecy? Poor broadband at home leads to increased reliance on mobile networks?



PapaMidnight

join:2009-01-13
Baltimore, MD
reply to serge87

Re: "Wall Street punished us for investing in FIOS."

»www.youtube.com/watch?v=HX0fIi3H-es

34764170

join:2007-09-06
Etobicoke, ON
reply to Smith6612

said by Smith6612:

Seconded. I hate remoting onto people's computers when they're working from home while I'm trying to help them perform a multi-Gigabyte software install and it takes an hour to download. I'm logged into some key things with my own admin credentials so obviously they cannot use the computer for as long as I'm in and working (this is typically when the automated, user-friendly installs don't work which does happen). I love it when individuals have decent connections as it means I'm not taking their computer away from them for an hour. Fast connections cut that stuff down to 5-10 minutes.

Ssshhh. You're supposed to be one of those sheep that hands over their wallet and likes shitty slow service with really low caps and defends all the fees and high prices.

Telco

join:2008-12-19

1 recommendation

reply to serge87

It's time our nation start a national project to install FTTH, just like we did with roads, water, electricity etc.

Imagine the hundreds of thousands of jobs it would create alone.



Smith6612
Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:24

We "tried" and failed. I think the Broadband Stimulus was supposed to go towards some FTTP.



Smith6612
Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:24
Reviews:
·Verizon Online DSL
·Frontier Communi..
reply to 34764170

But I'm not unfortunately . If I come across a capped connection I run it right to the point where the meter might think I've gone over and then shut the connection down. Aka, when I was stuck using a 3G connection with a 3GB cap. Blew through the cap in a few hours of normal usage.

Slow connections? I just keep them maxed until I get what I need done.



S_engineer
Premium
join:2007-05-16
Chicago, IL

1 recommendation

reply to Telco

said by Telco:

It's time our nation start a national project to install FTTH, just like we did with roads, water, electricity etc.

Imagine the hundreds of thousands of jobs it would create alone.

That's good, but I'd take it several steps further....regulate it as a utililty. Install federal, or local pucs to regulate this utility per region. Define a cap as a price forcing the isps to justify cap range for in the given context of it's technology ( i.e. Fios vs Docsis 3). Extend this to wireless as well. All Pucs are to be made up of engineers with zero political affiliation. Also forcing isps to justify all price increases...not to just placate Wall Street. Now some will argue that this would be a socialist gov't take over, well...I hope you use that same argument for those that monitor communications.

Remember...if it's got a meter, it's a utility
--
"Thanks for the dance... and cut yourself a slice'a throat! "
- Curly (HOI POLLOI, 1935)


skuv

@rr.com
reply to Telco

Unless you are going to get private citizens to do it themselves without permits, it's not going to happen.

The telco lobbyists control this. If it's going to get done, it's going to get done under their terms and for their benefit.



Verizon Rep

@comcast.net
reply to Smith6612

Not to mention that Ivan's replacement, Lowell McAdam, came over from the wireless side of the business. Any community that has been informed that they won't benefit from the fiber buildout should have the right, w/o the threat of Incumbent litigation, to provision municipal fiber.


Telco

join:2008-12-19
Reviews:
·Callcentric

2 recommendations

reply to S_engineer

We did it with the interstates, why not do the same with something as crucial as our data networks...

I noticed the Aussies are rolling out a national wholesale FTTH network. That way their government owns and control the underlying infrastructure, while much like a road, any number of businesses can utilize it and resell their services over it.

Once again government will have managed to create a significantly more competitive market than the private sector alone; which in reality, contrary to GOP rhetoric, for obvious reasons hates competition.

The fact is that the private sector does not have the stomach for long-term investments mandatory for projects like this.

This quarterly-driven outlook is also why the world has significantly overtaken us in infrastructure and large scale projects and quite frankly it's a weakness that countries like China are exploiting.

This private only policy post Reagan has failed America in every aspect.


Telco

join:2008-12-19

1 recommendation

reply to Smith6612

We have never tried anything like this on a national level, it;s all smoke and mirrors. The tools we have given the FCC for example are a joke and useless.

GOP voted against any broadband initiatives.



kontos
xyzzy

join:2001-10-04
West Henrietta, NY
reply to Verizon Rep

said by Verizon Rep :

Any community that has been informed that they won't benefit from the fiber buildout should have the right, w/o the threat of Incumbent litigation, to provision municipal fiber.

If building fiber in a community is such a sure thing (profit-wise); why don't you go buy a shovel, and start digging? Why does the government have to do it?

tdar

join:2004-04-05
Satellite Beach, FL
kudos:1

2 edits

1 recommendation

reply to Jeffrey

said by Jeffrey:

said by Tomek:

Companies are driven by profit. Investors want their low-tax income and care less.
I remember when verizon was defending FIOS push.
And now I can actually see the point. With the advent of mobile devices people are no longer connected at home.

We'll we're connected everywhere now, but if you asked me "Do you cancel your Fios or do you cancel your cell phone", I'm cancelling my cell phone. High speed internet connectivity in the home is extremely important to me.

Your comment shows just how out of touch Wall Street is. It's clear that you are willing to pay for both your Verizon Cell Phone AND your Verizon FIOS. Only a idiot or a Wall Streeter (sorry for the redundancy) would set up a situation were they receive one recurring revenue stream where they could have TWO.

Angrychair

join:2000-09-20
Jacksonville, FL
reply to kontos

Because we want you to have to pay for our pornography downloads.


itguy05

join:2005-06-17
Carlisle, PA
reply to Telco

said by Telco:

We did it with the interstates, why not do the same with something as crucial as our data networks...

I noticed the Aussies are rolling out a national wholesale FTTH network. That way their government owns and control the underlying infrastructure, while much like a road, any number of businesses can utilize it and resell their services over it.

No thank you. I don't want to live in a country where the government can control Internet traffic. Look at Middle Eastern countries where the government can and does block or turn off Internet Access.

Heck, look at the SOPA/PIPA acts and tell me you want the US Government regulating things.

No F-ing way.


MovieLover76

join:2009-09-11
kudos:1
reply to Tomek

Sorry, but this seems completely off base, with incredibly stringent wireless teirs home broadband is more important that it was when smartphones came out, your never going to sit around and surf youtube and watch netflix regularly over a LTE connection unless the pricing changes drastically, even our tablets users have shown a clear preference for wifi only devices because cellular data is too expensive.

Not to mention simply physics, their will always be more bandwidth at cheaper prices over wired connections, it's simply a extremely less finite resource than wireless spectrum.

Stopping the FIOS rollout was about one thing short term investor thinking, which is why america is falling behind, short term quick buck thinking.



bbeesley
VIP
join:2003-08-07
Richardson, TX
kudos:5
reply to itguy05

said by itguy05:

I don't want to live in a country where the government can control Internet traffic.

While I would personally like to see some sort of effort to expand our broadband capabilities, I too have a strong distrust in having the government do it.

Our government has proven itself time and time again to be careless of our privacy and wasteful of our dollars

We need a solution but I just don't believe having the government implement and control it is an appropriate one.


kontos
xyzzy

join:2001-10-04
West Henrietta, NY
reply to Angrychair

but, I'm only interested in your porn uploads!



S_engineer
Premium
join:2007-05-16
Chicago, IL

1 recommendation

reply to itguy05

Please...don't confuse our current gov't with effective gov't...if effective gov't had been in place SOPA/PIPA would have never reached the floor, and a law enforcement arm of the federal gov't (I.C.E) wouldn't be in servitude of the MPAA/RIAA.
And as far as controling Internet traffic, the gov't already monitors all traffic, outsources communication monitoring to ATT, Verizon, and others, and allows companies to datamine all of your personal information for the purpose of building aggregate personal profiles so you can be more efficiently advertised to. That's okay huh?
--
"Thanks for the dance... and cut yourself a slice'a throat! "
- Curly (HOI POLLOI, 1935)


Angrychair

join:2000-09-20
Jacksonville, FL
reply to kontos

At least you're in the lucid majority when it comes to something.



alchav

join:2002-05-17
Saint George, UT
Reviews:
·ooma
reply to FloridaBoy

said by FloridaBoy:

said by S_engineer:

So anything that moves America forward, gets pushback from the new American aristocracy known as Wall Street. Chinese wages...here we come!

C'mon S, got to keep that stock price up!! Never mind a bigger payout later, we need cash now!!

Verizon took a big chance with FTTH, and they laid a lot of Fiber, but did you Guys buy it up? No, you want more competition and cheaper rates. Yes, Verizon is a Business and they need to make a profit to run this Business or they won't be around tomorrow. Verizon expansion may have stopped, but like any Business if you approach them with a sizable interest, I'm sure Verizon will listen.

FloridaBoy

join:2009-06-22
Bradenton, FL

Actually, I did buy it up. I have been a Fios customer since '07.

However, if you don't upgrade and maintain your plant, how are you going to make money in the future?

Fios accounted for 6 Billion in Revenue for the fourth quarter. It accounted for over 20 billion last year in revenue for them. How is that a fail?? Most businesses would kill for that kind of revenue.

The only reason the landline side is hurting is because they have two networks to the same place. That would suck to have to maintain that kind of scenario.