Verizon West going down hill fast.
Verizon West is on the verge of collapse, with Verizon holding only 23% of California, Verizon is at a crossroad with a hard decision to make. Keep Cali or dump it off to AT&T. AT&T is the only company that has the pockets to pull off a deal for Verizon in California. FIOS California has burned Verizon, with all the foreclosures and short sales in California. Most of the FIOS debt has come from California, and will continue with the unstable housing market in California. One of Verizon's leading Managers "Michael Elliot" just jumped ship to New York because of the future movement in California. The question is when will this happen, before or after the March 16, 2013 contract deadline. AT&T will benefit from taking over Verizon California, with inheriting a solid FIOS/Copper build. Verizon needs to dump something soon to clear the books, or Bankruptcy maybe in the near future.