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Smith6612
Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:25
Reviews:
·Verizon Online DSL
·Frontier Communi..

1 edit

1 recommendation

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

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...

Verizon Rep

@comcast.net

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

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.

kontos
xyzzy

join:2001-10-04
West Henrietta, NY

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

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?
Angrychair

join:2000-09-20
Jacksonville, FL

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

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

kontos
xyzzy

join:2001-10-04
West Henrietta, NY

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

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

join:2000-09-20
Jacksonville, FL

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

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