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Forums » AT&T Hesitates About Joining Spectrum Auction » No problem
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grandpinaple

join:2006-01-03
New York, NY		reply to rdmiller
Re: No problem

Are you kidding me? Verizon has more money than AT&T and Quest combined.
to forum · permalink · · 2007-10-20 13:47:47 · Reply to this

rdmiller

join:2005-09-23
Richmond, VA
said by grandpinaple See Profile :

Are you kidding me? Verizon has more money than AT&T and Quest combined.
Verizon is spending theirs hand-over-fist on FIOS. AT&T is lurking in the weeds, waiting to pounce. It only takes one bad quarter for some wise guy to suggest that Verizon is "in play".
to forum · permalink · · 2007-10-20 20:05:46 · Reply to this

grandpinaple

join:2006-01-03
New York, NY

 They have been at it for 3 years already. Verizon isn't stupid they are keeping their dividends high despite their massive infrastructure investment. AT&T won't be able to merge their way into this cake. AT&T can't have their cake and eat it this time to. Why would Verizon want to be apart of a giant infrastructure dinosaur that is probably going to be knee deep in the red when DOCSIS 3.0 kicks uverse into the toilet.
to forum · permalink · · 2007-10-20 21:54:34 · Reply to this


montero

@verizon.net		reply to grandpinaple
Not even close. Verizon VZ has a market cap of 128.50 Billion. AT&T T has a market cap of 252.31 Billion which makes AT&T worth almost twice as much as Verizon.
to forum · permalink · 2007-10-21 05:17:05 · Reply to this

grandpinaple

join:2006-01-03
New York, NY		 They may have assets twice as much, but Verizon has revenue 1.5 times greater.
to forum · permalink · · 2007-10-21 18:30:16 · Reply to this


montero

@verizon.net		 You have it reversed for 2006 AT&T made 9 Billion net. income compared to Verizons 6 billion.
to forum · permalink · 2007-10-22 00:08:41 · Reply to this

grandpinaple

join:2006-01-03
New York, NY		 I was talking about total revenue and no Verizon still made 6 billion net of which 4 was paid in dividends and AT&T made 7.
to forum · permalink · · 2007-10-24 23:54:29 · Reply to this
Forums » AT&T Hesitates About Joining Spectrum Auction

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