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TrainBuff
The New Haven Railroad
Premium
join:2003-05-01
Buffalo, NY
kudos:4

Rate Hikes

Seems like Verizon is taking a page out of the cable company's book of rate hikes.
Read a e-mail this morning from Verizon showing a profit from both the wireless and landline side.


brianiscool

join:2000-08-16
Tampa, FL
kudos:1

I will be staying on my 2 year contact long as possible.


FloridaBoy

join:2009-06-22
Bradenton, FL
reply to TrainBuff

If I may ask, what was the profit on the wireline side?? It couldnt have been much with an overall decline in revenue on that side of their house.



somms

join:2003-07-28
Salt Lake City, UT
reply to brianiscool

said by brianiscool:

I will be staying on my 2 year contact long as possible.

»Re: Watching this closely..

What!? Verizon does have FiOS contracts then!

brianiscool

join:2000-08-16
Tampa, FL
kudos:1

I pay $105 after tax. 35/35 internet, Prime HD, unlimited local and long distance , dvd and second SD receiver.


elefante72

join:2010-12-03
East Amherst, NY
reply to TrainBuff

Interestingly enough Verizon added some "charges" to my account which never existed before under the guise of taxes. It raised my cost $6/mo.

I looked at mt 3CC last month and we "recorded" a total of 9 hours of non-OTA viewing, so do I really need to pay $50 for cable...No

It's gone.

For just internet $70, too much. So TWC keeps sending me fliers for $30 for internet, so it's looking really good.


UnnDunn
Premium
join:2005-12-21
Brooklyn, NY
reply to somms

Verizon has long-term agreement plans, but in many areas, they also offer month-to-month agreement plans.

In NYC, the only difference between a long-term agreement plan and a month-to-month agreement plan is that you get a 2-year bundle discount instead of a 1-year bundle discount.



MovieLover76

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

Yes, you can choose to sign a contract for fios in order to lock down a lower price and avoid these rate hikes, but they aren't required. You can opt for contract-free fios, but it may cost a little more in the long run.

I myself signed a contract in order to avoid any rate hikes, at least for 2 years.



spewak
R.I.P Dadkins
Premium
join:2001-08-07
Elk Grove, CA
kudos:1
Reviews:
·SureWest Internet
reply to brianiscool

said by brianiscool:

I will be staying on my 2 year contact long as possible.

I spit out my coffee brian.
Thanks for the laugh
--

Romney equals Epic Fail!


TrainBuff
The New Haven Railroad
Premium
join:2003-05-01
Buffalo, NY
kudos:4
reply to FloridaBoy

said by FloridaBoy:

If I may ask, what was the profit on the wireline side?? It couldnt have been much with an overall decline in revenue on that side of their house.

This was from the e-mail from Verizon.
Consolidated

64 cents in diluted earnings per share (EPS), compared with 57 cents per share in 2Q 2011 - a 12.3 percent increase.
$9.3 billion in cash flow from operating activities, up 20.1 percent compared with 2Q 2011, leading to $7.8 billion in free cash flow (non-GAAP) in 1H 2012, more than doubling free cash flow generated in 1H 2011.
Wireless

7.3 percent year-over-year increase in service revenues in 2Q 2012; 8.6 percent year-over-year increase in retail service revenues; data revenues up 18.5 percent year over year; 30.8 percent operating income margin and 49.0 percent segment EBITDA margin on service revenues (non-GAAP), both record highs.
1.2 million retail net customer additions, excluding acquisitions and adjustments, includes 888,000 retail postpaid net customers; low retail postpaid churn of 0.84 percent; 94.2 million total retail customers; 88.8 million total retail postpaid customers.
Wireline

2.5 percent year-over-year increase in consumer revenues, the highest in several years; ARPU (average revenue per user) now tops $100 a month, with 65 percent of consumer revenues generated by FiOS.
134,000 FiOS Internet and 120,000 FiOS Video net additions, with continued increased sales penetration for both products; 5.1 million total FiOS Internet and 4.5 million total FiOS Video customers.
--
Train Yourself To Relax...Ride The New Haven Railroad! Weather or No...Go New Haven!
The New York, New Haven & Hartford Railroad Co.:1872-1968. Serving New York and the Great Industrial States of Massachusetts, Rhode Island and Connecticut