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axus

join:2001-06-18
Washington, DC
Reviews:
·Comcast
reply to Telco

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

There was a lot of fiber investments after the dot-com boom. I read an article (linked from here?) about how much money was lost on unused fiber, and how some companies are in the business of finding all this lost or unused dark fiber. Then they put it to good use.


CXM_Splicer
Looking at the bigger picture
Premium
join:2011-08-11
NYC
kudos:2
reply to FloridaBoy

Many people bought it up. One only has to look at their yearly financial reports to see they are making a butt-load of money on FIOS. The reason they stopped the FIOS roll out is not because they weren't selling it... it was because they don't want to be a LEC anymore, they only want to be a (non-union) wireless company.



mikedz4

join:2003-04-14
Weirton, WV
reply to alchav

how can i buy fios when verizon denied it to us then sold us to frontier thus ending any thought of seeing fiber here.


Kearnstd
Space Elf
Premium
join:2002-01-22
Mullica Hill, NJ
kudos:1

1 recommendation

reply to S_engineer

The government has to do something, It took the government to get 99% of this country wired up for electricity, because back when electrical grids where a new thing it was just like modern broadband is today with greedy companies not wanting to invest.

If the corps do not like it they can go pound sand IMO, they had their chance and they failed, They failed to do their duty as communications provider. the people should not have to suffer so top shareholders can afford a second leerjet.
--
[65 Arcanist]Filan(High Elf) Zone: Broadband Reports


25139889

join:2011-10-25
Toledo, OH
reply to Telco

what tools where given to the FCC in terms of the Internet and broadband? their studies? that's all they will be is studies. and nothing more. just lame "rules" that will NEVER be enforced. And wasted money on them.

FiOS was dead when the customer subscriber count was WELL BELOW what they even said it would be. Why would you want to spend that money and not get the customers to change over? Customers do NOT like change; and it has been proven over and over again; customers with more than 3 choices can NOT make a decision what they want to start off with. And you want someone to deploy on a national level- then you need to go tell Dane Jasper that his company needs to take on some debt and start building out; because after all he's not for America.


25139889

join:2011-10-25
Toledo, OH
reply to Telco

because the PUCs already are up the asses of ATT and Verizon. In Ohio they managed to get the PUC to strip away the Minm. Telephone Standards as long as a customer has "bundled services"- ie; long distance discounts, Internet, etc.

And when the Gov't starts managing the networks; we'll have our wonderful blogger and the rest of this following on here bitching about how the NSA is now able to obtain more and more data about you and it should be illegal. Well news flash- anything that goes over the Gov't networks; is the right of the Gov't to read, inspect and otherwise use. Gotta love the catch on that.

and the private sector does NOT want the network build any further is due to the former CEO promised up take would be higher than what it is. When actually everyone KNEW it would NOT be. Customers do NOT LIKE CHANGE. FiOS is not worth it for Internet with the higher speeds as other networks will NOT transfer you data that quick. So you pay for something you can NOT use. Pointless and waste of money.


25139889

join:2011-10-25
Toledo, OH
reply to axus

It can be used only as half the last mile. And most don't even reach into the neighborhoods. So you still have to pay to expand that. And hope the fiber was never damaged. most of those companies have long gone out of business and the fiber sits there.


25139889

join:2011-10-25
Toledo, OH
reply to axus

It can be used only as half the last mile. And most don't even reach into the neighborhoods. So you still have to pay to expand that. And hope the fiber was never damaged. most of those companies have long gone out of business and the fiber sits there.

This is one company that actually uses the fiber they purchased; »www.zayo.com/ was KMC Telecom and then Century and now its Zayo. But still does NOT cater to residential use and NOBODY will. Google will tell you how much it costs and problems they're having trying to do it on the cheap. They thought it was possible and its not. after KC they'll be done with their build. And in 2-3 years it will be closed.



alchav

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

said by Kearnstd:

The government has to do something, It took the government to get 99% of this country wired up for electricity, because back when electrical grids where a new thing it was just like modern broadband is today with greedy companies not wanting to invest.

If the corps do not like it they can go pound sand IMO, they had their chance and they failed, They failed to do their duty as communications provider. the people should not have to suffer so top shareholders can afford a second leerjet.

You sound like those "Occupy" People, Corporations owe The People something. Verizon has stopped their expansion, this only means that their projected expansion has stopped. No good Company is going to keep expanding if no one is buying their products. I keep telling you guys, if you have a Community or City in Verizon territory that wants FiOS. All you have to do is get organized and approach Verizon with a viable Business Plan. Verizon is a Business, and I can assure you they will not turn away a good Business Opportunity.


Kommie
Premium
join:2003-05-13
united state
kudos:3
reply to Telco

But thats EVIL SOCIALISM!!



tschmidt
Premium,MVM
join:2000-11-12
Milford, NH
kudos:9
Reviews:
·G4 Communications
·Fairpoint Commun..
·Hollis Hosting
reply to Tomek

said by Tomek:

Companies are driven by profit. Investors want their low-tax income and care less.

Of course but if they do not strike the correct balance between short term profits and long term investment they fade away.

Companies are increasing walking away from the task of increasing long term share holder value in favor of short term profitability.

/tom

CXM_Splicer
Looking at the bigger picture
Premium
join:2011-08-11
NYC
kudos:2

Unfortunately, too many companies have the view today that long term investment is unnecessary, exponential growth is where the profits are.


Telco

join:2008-12-19
Reviews:
·Callcentric

1 edit

1 recommendation

reply to itguy05

said by itguy05:

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.

Tin-Foil alert. First off, it's a flawed rationale, as if "the government" really wanted to block everything, private or public, it could do it anyway. For example, a government can still block a private road. These are all baseless and paranoid delusions anyway, and using the middle-east to make any point is grasping for straws.

Now back to reality. Personally, I am more concerned that we are being bent over by private monopolistic corporations, who are now colluding to further increase their own profits at our expense.

Moreover, forcing us to put up with these sub-standard products, while giving crap to those "socialist" that are beating us.

Much like roads, I'd rather have the appropriate wholesale model in place, which as aforesaid, allows a multitude of service providers to compete and sell their services over.

The profit-driven private model always fails when it comes to crucial services.

Telco

join:2008-12-19
Reviews:
·Callcentric
reply to 25139889

said by 25139889:

Pointless and waste of money.

Maybe for someone out of Ohio but not for the rest of us - no offense. Then again, Ohio is the same state that doesn't want high speed public transportation either.


morbo
Complete Your Transaction

join:2002-01-22
00000
reply to S_engineer

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

This is a convenient excuse for their actions. I don't believe it is the motivation behind their strategy.



vernc

@verizon.net
reply to Telco

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

If those "socialists" are beating us it is mostly because they are in a growing economy as opposed to our stagnant one.

In any case, these broad anti-corporation sentiments are just as careless as the pro government as the solution sentiments. I’ve got some news for you --- its all people folks. Governments, corporations, they are all made up of many, many people. They are equally subject to the temptations of power and money (essentially the same thing).

I personally love my fios. It’s the best broadband and TV quality I’ve ever had. It’s a shame that Verizon has abandoned it. And if there is possibility they have colluded with the cable providers then the FCC should take a serious look. But make no mistake, if wall street wasn’t ready to support financing the billions it would take to continue the fios build out then that’s just the facts.



vernc

@verizon.net
reply to 25139889

FIOS is an outstanding service. Nearly everyone I know has transferred to it. The performance and quality are a huge improvement over Time Warner.



trish115

@verizon.net
reply to FloridaBoy

Florida Boy I guess you don't care about the workers that built FIOS that won't have jobs and have made Verizon and stockholders money. So what if they loose there jobs, right?