said by nasadude
:Verizon: laying fiber, future proofing their network, bringing blazing speeds to customers - earnings down because they are spending money on fiber
AT&T: slower investment, building the future network on the cheap, has to limit speeds because of lack of bandwidth - GREAT EARNINGS! investors happy!
Qwest: pretty much no investment in future networks, plodding along in the 90s - TRIPLE PROFIT! investors really happy!
So, to recap: build the network needed for the future, get slapped by investors; limit investment (or no investment), get rewarded.
No wonder the U.S. is 15th and falling.
The percentage changes in the last 2 yrs of the 3 companies stock prices appear to bear out your analysis: