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Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
 ·North State Commun..
1 edit | reply to NewMariner
Re: What a waste
said by NewMariner  :And guess what, there are talks amongst investors on pulling the plug on Verizon due to profits not being where they are supposed to be..so only time will tell what happens. But I bet Verizon caves soon...Especially in todays financial market, where it doesnt need to loose investors. Verizon is not going to pull the plug on installing fiber. Since day 1 there have been "talks" among the STOCKHOLDERS of pulling the plug, but they won't do it. FiOS TV is doing well, FiOS Internet is doing very well, and now they have bendable fiber to work with, so MDUs are much easier. If they stop installing fiber, they would effectively stop offering service to new customers. They aren't going to redesign their entire backend for FTTN at this point so your assumption is ludicrous.
»www.alleyinsider.com/2008/7/veri···analysis
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Linux Haters Unite! | |
NewMariner
join:2005-06-24
| said by Matt :said by NewMariner :And guess what, there are talks amongst investors on pulling the plug on Verizon due to profits not being where they are supposed to be..so only time will tell what happens. But I bet Verizon caves soon...Especially in todays financial market, where it doesnt need to loose investors. Verizon is not going to pull the plug on installing fiber. Since day 1 there have been "talks" among the STOCKHOLDERS of pulling the plug, but they won't do it. FiOS TV is doing well, FiOS Internet is doing very well, and now they have bendable fiber to work with, so MDUs are much easier. If they stop installing fiber, they would effectively stop offering service to new customers. They aren't going to redesign their entire backend for FTTN at this point so your assumption is ludicrous. » www.alleyinsider.com/2008/7/veri···analysis Never once did I say Verizon would rewire their network. I simply stated that if investors pulled the plug on Verizon,(stopped the cash flow) then FiOs would simply come to a grinding halt or near halt. They may launch in the more profitable areas to increase subscribers to generate more revenue.
I like how you link to an article that is two months old now, before Freddie and Fannie have been bailed out, before AIG, before now the government forking out 700 BILLION dollars to stop our economy's freefall. Yeah right, my assumption is ludicrous at this point. Obviously you havent paid close attention to the financial sector. Once the banks stop lending(which is what the government is trying to prevent) Verizon's money dries up. Investors will start backing out of the stock...
This is only the beginning with our economy, expect it to get worse. I hope our next president has a plan. | |
wierdo
join:2001-02-16
Tulsa, OK
 ·Future Nine Corpor..
·Teliax VOIP
| said by NewMariner :Never once did I say Verizon would rewire their network. I simply stated that if investors pulled the plug on Verizon,(stopped the cash flow) Investors don't bring cash flow. Customers do. At least in the absence of a new stock issue, which I don't believe is on the table.
All of the ILECs are still so ridiculously profitable (especially those with wireless, but even landline only) they are like money minting machines. They can afford to do most anything they want.
When SBC and BellSouth bought ATTWS in 2004, SBC had enough cash on hand to pay for their 60% share of it, plus had another $20 billion or so left over. BellSouth had most of what they needed, but decided they'd rather raise some extra funds by selling off some of their latin american wireless operations to Telefonica so they wouldn't be running low.
Of all the companies in the world, the telcos least need to worry about their stock price.
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It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word.  | |
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