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story category Verizon CEO: 'Cable Companies are Vulnerable'
Would be a 'mistake' to doubt Verizon's 'resolve'
(old news - 05:36PM Thursday Feb 09 2006)
Verizon CEO Ivan Seidenberg today fired back at Comcast CEO Brian Roberts, who yesterday stated that Verizon was spending "gobs of money", simply to become a "fourth tier" video provider. "No one should ever doubt our resolve - that would be a huge mistake," says the Verizon CEO, who adds that "Customers will decide if we're doing the right thing." About Fios: "people love the product. Cable companies are vulnerable." With lawmakers contemplating net-neutrality rules this week, he also toned down the Google "free lunch" rhetoric the company was criticized for earlier this week.

Forums » Verizon CEO: 'Cable Companies are Vulnerable'
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Admj

join:2001-01-17
Placentia, CA

Competition

Competition should bring better prices, go a head Rocky... Hit him!

--
www.ca-comp.com

N3OGH
They both suck, we're so screwed
Premium
join:2003-11-11
Philly burbs
·Verizon Online DSL

Re: Competition

said by Admj See Profile :

Competition should bring better prices, go a head Rocky... Hit him!

I always love when they use that Rocky pic.

"I vill break ewww"

orldf

@157.93.x.x
Yep - I'm in line for the first Fios line that comes my way. Then it's bye bye cableco forever.

hasta la vista, baby

SoYouMean

@208.17.x.x

Re: Competition

So even if you telco FIOS and TV raises rates to what cable is now or higher, your still gonna stick with them?
itguy05

join:2005-06-17
Camp Hill, PA

Re: Competition

quote:
So even if you telco FIOS and TV raises rates to what cable is now or higher, your still gonna stick with them?
Which is what happens 99.99% of the time with "competition". Low rates initially until they realize that there isn't much profit at those price points.

Then rates will inch up and up until all services are within $5 of each other.

Look at cellphones for a perfect example of this. Most providers are within $5 and 50 minutes of other.
nasadude

join:2001-10-05
Rockville, MD
·Comcast


edit:
February 9th, @05:55PM

gee, ain't duopoly competition great!

[sarcasm] wow, with these behemoths slugging it out (in the press, anyway), I can just feel those lower prices and higher speeds anytime now. [/sarcasm]

Just think of what real competition would be like!

From one of the articles:

"Seidenberg says the market--not the government--needs to decide who will help subsidize the billions of dollars telcos like Verizon (nyse: VZ - news - people ) are spending to bury fiber-optic pipe across the U.S."

Sounds like the good 'ole telco mindset to me: we're not building anything unless you guarantee we make a profit. Note the use of the word "subsidize" - that's how the existing networks got built, by government mandating that customers subsidize the investment thru guaranteed profit. Now they want the same deal with fiber; it's worse this time , however, because the bells are using fiber to REPLACE their copper. What they should be doing is turning the legacy copper over to the government (or to the customers that subsidized it) for any company that wants to use it. If they did that though, there would be some actual competition and they certainly don't want that.

I don't think the bells ever understood what the word "competition" means.

mrchris
Stop deleting my posts
Premium
join:2002-10-01
North Babylon, NY

Re: gee, ain't duopoly competition great!

I'd prefer a Triopoly or Quadaoply

hobgoblin
Sortof Agoblin
Premium
join:2001-11-25
Orchard Park, NY
clubs:

Re: gee, ain't duopoly competition great!

MrChris stated

"I'd prefer a Triopoly or Quadaoply"

Why dont you start a company to compete then.

hob
--
"A foolish consistency is the hobgoblin of little minds." - Ralph Waldo Emerson

SRFireside

join:2001-01-19
Houston, TX
·RoadRunner Cable

Re: gee, ain't duopoly competition great!

If he had the ability to build a network without any bureaucratic interference for decades with absolutely nobody to compete with them then MAYBE it would be level playing field. We can't have true competition until the playing field is levelled. The last time that happened was not long ago with the 1996 Telco Act.

Interesting how such innovations like true broadband and DSL technology popped out of the woodwork from Bell competitors at exactly that same time while the Bells were still selling old ISDN and T1 technology at inflated prices.

ALBININI234

@12.206.x.x

thumbs down from:
ArchAngel21x See Profile

Rick Folk

Too bad Verizon is only deploying fiber to the rich folk.
nshulga

join:2002-06-06
Morrisville, PA

Re: Rich Folk

Never realised I'm rich, thanks for letting me know. I guess I'll resign from my job tomorrow and head straight for the Bahamas...

Cheese
Premium
join:2003-10-26
Naples, FL
clubs:

Re: Rich Folk

said by nshulga See Profile :

Never realised I'm rich, thanks for letting me know. I guess I'll resign from my job tomorrow and head straight for the Bahamas...
Yea, someone said that yesterday about only the rich getting it, it's not true, people just love to spout shit they know nothing about

MattE
Obama '08
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..
·Corporate Colocation

Re: Rich Folk

said by Cheese See Profile :

said by nshulga See Profile :

Never realised I'm rich, thanks for letting me know. I guess I'll resign from my job tomorrow and head straight for the Bahamas...
Yea, someone said that yesterday about only the rich getting it, it's not true, people just love to spout shit they know nothing about
Really? Maybe it's not the "rich" getting it, but the "rich" areas. Or perhaps Verizon is cherry picking certain areas? They would NEVER do that though would they?

Let's see what Naples, FL holds:

Land Area: 3.2 square miles
Median household income: $102,762 (as of the year 2000)
Race: White Non-Hispanic (98.4%)
Population: Population (year 2000): 5,686

If you're not "considered" rich, I don't know wtf is considered rich.

Cheese
Premium
join:2003-10-26
Naples, FL
clubs:


edit:
February 10th, @10:05AM

Re: Rich Folk

said by MattE See Profile :

said by Cheese See Profile :

said by nshulga See Profile :

Never realised I'm rich, thanks for letting me know. I guess I'll resign from my job tomorrow and head straight for the Bahamas...
Yea, someone said that yesterday about only the rich getting it, it's not true, people just love to spout shit they know nothing about
Really? Maybe it's not the "rich" getting it, but the "rich" areas. Or perhaps Verizon is cherry picking certain areas? They would NEVER do that though would they?

Let's see what Naples, FL holds:

Land Area: 3.2 square miles
Median household income: $102,762 (as of the year 2000)
Race: White Non-Hispanic (98.4%)
Population: Population (year 2000): 5,686

If you're not "considered" rich, I don't know wtf is considered rich.
Between me and the other half we make about 70k a year, not rich by any means. And boy, would I love FIOS though, that would be hot. And also, if only the "rich" areas are getting it, and people who aren't "rich" are getting it, kind of throws the "rich" areas only idea out the door if you ask me.

Simplelifebozo

@208.17.x.x

Re: Rich Folk

"that would be hot."

Ok, now which one are you, Paris or Nicole?

Cheese
Premium
join:2003-10-26
Naples, FL
clubs:

Re: Rich Folk

said by Simplelifebozo :

"that would be hot."

Ok, now which one are you, Paris or Nicole?
LOL! I hope you mean her sister? I think Paris's sister looks better then she does ;)

AnonymousPerson

@optonline.net
That is not rich. That is upper middle class. Rich would be someone making over a million dollars a year.

SteveCon
IBEW 2222 Boston, MA
Premium
join:2004-09-02
Burlington, MA
Hey - I guess I am too!

MattE
Obama '08
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..
·Corporate Colocation

Re: Rich Folk

said by SteveCon See Profile :

Hey - I guess I am too!
Once again, we find the same thing as in my previous posts, I'm not even going to repost it, just look here:

»www.city-data.com/city/Bedford-M···tts.html

JoeyDee
Premium
join:2004-07-23
Las Vegas, NV
·Comcast

said by nshulga See Profile :

Never realised I'm rich, thanks for letting me know. I guess I'll resign from my job tomorrow and head straight for the Bahamas...
No fiber there.....

NXds

@aol.com

Re: Rich Folk

What where rich? so does this mean i can tell my boss that i quit cause im getting fiber and im rich.:D

MattE
Obama '08
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..
·Corporate Colocation

said by nshulga See Profile :

Never realised I'm rich, thanks for letting me know. I guess I'll resign from my job tomorrow and head straight for the Bahamas...
Let's see what Morrisville, PA holds:

Land Area: 1.8 square miles
Median household income: $43,095 (as of the year 2000)
Race: White Non-Hispanic (73.8%)
Population: Population (year 2000): 10,023

No, you're not rich, but you are definitely "Cherry Picked".
nshulga

join:2002-06-06
Morrisville, PA

Re: Rich Folk

Actually, I'm in Lower Makefield. We share zip code with Morrisville. LMT or not, I still have to work for a living.

Cheese
Premium
join:2003-10-26
Naples, FL
clubs:

Re: Rich Folk

said by nshulga See Profile :

Actually, I'm in Lower Makefield. We share zip code with Morrisville. LMT or not, I still have to work for a living.
Exactly, I still have to work to pay bills, if I don't, lose house, lose car, and whatever else they feel they would need to take if it's not paid up

qdemn7
Smurf in My Loop
Premium
join:2003-09-16
Fort Worth, TX

Re: Rick Folk

said by ALBININI234 :

Too bad Verizon is only deploying fiber to the rich folk.
How crass. It's not "rich" it's "comfortable".

dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ

said by ALBININI234 :

Too bad Verizon is only deploying fiber to the rich folk.
sucks to be a "havenot". I'm a "have" but guess what? i live in a (QWEST)Qworst state so no FIOS fibre for me either. Cox is as good as it gets in arizona.
--
You can never be too rich, too thin or have too much Bandwidth

sbdjaro
I Dunno
Premium
join:2004-01-29
Grand Junction, CO

"'Our initial deployment areas, they’re where we’ve seen an appetite for broadband and where we think people will want to buy it. As time goes along we’ll deploy it in more and more of our service area,' Verizon spokeswoman Sharon Cohen-Hager said."

insomniac84

join:2002-01-03
Schererville, IN

It has nothing to do being rich. They need to choose an area with as dense housing as possible where people are willing to pay for phone, tv, and internet. That is middle class. Rich neighborhoods have less houses because of bigger yards. The middle class is the sweet spot. Denser housing with the ability to pay for all 3 services. You would only see a product hit a rich neighborhood first if they were going to set a special higher price just for that neighborhood or someone higher up in the company lived in the rich neighborhood and can overlook the ROI factor.

KCrimson
Premium
join:2001-02-25
Brooklyn, NY
·Verizon FIOS
·Optimum Online

Re: Rick Folk

Lets also remember that the cable companies followed the exact same roll-out strategies, on a much slower pace. Here in NYC Cablevision first (and much delayed) offered cable TV in the middle 80's (about 7 or 8 years after the rest of this tri-state-area was already receiving cable TV) and FINALLY offered cable broadband in 2001. The cable internet roll-out was most interesting. They first offered the service in the most affluent portions of Nassau County (Long Island), then slowly worked their way into their franchises in Brooklyn and the Bronx (LAST). It took (I believe) over 10 years from introduction of Optimum Online in Nassau County until all areas of their Brooklyn and Bronx franchises were offering Optimum Online. Lets hope that Fios is lit here in Brooklyn before I need to apply Grecian Formula For Men.

Rojo78

join:2005-09-21
Hollywood, FL

Just Wondering...

How come Verizon has all this money to spend in FIOS and the other local Telcos don't even have plans to deploy? Sux if you are not on a Verizon serviced area.
divdiv

join:2005-10-15
Tucson, AZ

Re: Just Wondering...

said by Rojo78 See Profile :

Sux if you are not on a Verizon serviced area.
Tell me about it. I could die waiting for Qwest to bring fiber anywhere near my house.
--
All I ever wanted to do was play my video games.

dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ

Re: Just Wondering...

said by divdiv See Profile :

said by Rojo78 See Profile :

Sux if you are not on a Verizon serviced area.
Tell me about it. I could die waiting for Qwest to bring fiber anywhere near my house.
Even if they brought it tomorrow, it would be capped at 1.5 and 5.0mbps anyway. you can get that pretty much everywhere(unless you are in a charter area)
--
You can never be too rich, too thin or have too much Bandwidth
bmn
? ? ?
Premium,ExMod 2003-06
join:2001-03-15
hiatus
·Packet8
·Cox HSI

said by Rojo78 See Profile :

How come Verizon has all this money to spend in FIOS and the other local Telcos don't even have plans to deploy? Sux if you are not on a Verizon serviced area.
I don't know about ATT/SBC and Qwest, but its clear that Verizon actually has a long term strategy of do it right the first time, get the CAPEX done now and spend less money in the future doing incremental upgrades unlike the ILEC in my area, Bellsouth. Yeah, it is kind weird.
--
Too logical to be a conservative... Too practical to be a liberal... Too realistic to be a Libertarian.

JTRockville
Data Ho
Premium,MVM
join:2002-01-28
Rockville, MD
clubs:

I Seriously Doubt Your Resolve, Ivan

Prove me wrong. Bring it to Rockville!
moonpuppy

join:2000-08-21
Glen Burnie, MD
·Verizon Online DSL

Re: I Seriously Doubt Your Resolve, Ivan

said by JTRockville See Profile :

Prove me wrong. Bring it to Rockville!
Me first missy.

JTRockville
Data Ho
Premium,MVM
join:2002-01-28
Rockville, MD
clubs:

Re: I Seriously Doubt Your Resolve, Ivan

* sneaks into Verizon's deployment plans, and erases Glen Burnie off the map *
moonpuppy

join:2000-08-21
Glen Burnie, MD
·Verizon Online DSL


edit:
February 9th, @07:15PM

Re: I Seriously Doubt Your Resolve, Ivan

said by JTRockville See Profile :

* sneaks into Verizon's deployment plans, and erases Glen Burnie off the map *

Archives all bad messages and emails said about Comcast with note to Ivan, "This might be your nightmare next."



BTW, Brian Roberts is still mad at you.



EDIT: Forgot to mention, a friend about 1 mile away just got a FIOS flyer. Zip 21060
AJ023

join:2001-12-25
Forest Hills, NY

I dont always agree with Seidenberg but now I do!

This time I am in complete agreement with Seidenberg!

The FREE MARKET will determine who is BEST. As LONG AS all the carriers play by the rules but in NY State when Spitzer wins for Governor, come 2007 they will be required to do such in NY State

So as we take everything into context, I agree with Seidenberg here.

Seidenberg needs to get FIOS TO MY MDU in Queens in NYC!

dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ

Re: I dont always agree with Seidenberg but now I

said by AJ023 See Profile :

Seidenberg needs to get FIOS TO MY MDU in Queens in NYC!
FIOS doesn't do MDU's(yet)
--
You can never be too rich, too thin or have too much Bandwidth

Subaru
1-3-2-4
Premium
join:2001-05-31
Greenwich, CT
clubs:
·Packet8
·Verizon Online DSL

Re: I dont always agree with Seidenberg but now I

said by dvd536 See Profile :

said by AJ023 See Profile :

Seidenberg needs to get FIOS TO MY MDU in Queens in NYC!
FIOS doesn't do MDU's(yet)
They have done tests however.
--
It's NOT Ni-kon It's NE-KON!

"Life is like a dogsled team. If you aren't the lead dog, the scenery never changes"

Please post

@208.17.x.x

Re: I dont always agree with Seidenberg but now I


"They have done tests however"

Please post link to this info.....

pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD

Re: I dont always agree with Seidenberg but now I do!

said by AJ023 See Profile :

The FREE MARKET will determine who is BEST.
Heh... that's exactly the reason Verizon is playing catch-up to Comcast.
--
Rove / Rumsfeld 2008!

PinHead
Premium,MVM
join:2002-06-19
The Dungeon
clubs:

Hopefully half the ISP's drop!

ISP have been charging way to much for service that you can only use this way or that way. They have been overselling their capabilities and reaping huge profits.

The minute someone tries to use the capabilities promised or even half of what is promised. They are kicked from the network.

Sorry but no tears from this internet subscriber.
All ISP's have been raping America long enough.
Time for a change!
--
time nor tide wait for no man...

IGGY
No Guru Just Here To Help
Premium,MVM
join:2001-03-30
Chatham, IL

FIOS is nothing to worry about

Don't you know there is no threat because Comcast the other day according to the site were are now said so!! There is no way they could be wrong in their opinion.:)

My long winded take on this is here

»iggyz.com/blog/_archives/2006/2/···591.html
--
Test Your Security Cable Diagnostics
My BLOG ZoneAlarm Help

SoISee

@208.17.x.x

Re: FIOS is nothing to worry about

Ohh.. I see. That was sarcasm right? So we should only take what Comcast says with a grain of salt right?

But when Verizon says it, it must be true??? Or do we doubt them too??

I'm confused.

G_Poobah

join:2004-01-17
Schenectady, NY

Let's translate..

Lie #1 : "We have huge issues surrounding how we build backbone facilities and access to the broadband world, and I think Google as well as us and others need to let the markets settle that," he said.

Translation : Oh shit, my dumbass VP opened his mouth, spilled our secret plans to the press before we've paid off enough politicians. We'll need to backpedal cause we're about to be bitchslapped by the government.

Lie #2 : "Telcos like Verizon and AT&T counter that because their networks are just that--their networks--they should be allowed to charge fees for faster access to partner sites."

Translation : Well, sure, we built the networks with guaranteed profits over the last 50 years. And yes, the taxpayers subsidized the buildout at a HUGE cost (very expensive long distance, free access to land, guaranteed profits). Now someone else is making money off it, and WE DEMAND that we get our cut. Hey, the mob does it all the time, why do they get all the special breaks?

Lie #3: "Opponents say that government regulation is overkill and that a free market will help speed up network development"

Translation : Waaaaaah, Waaaaaaaaah.. We don't think anyone should be able to build except us, and we'll sue anyone who tries to. Waaaaah, waaaaaah.. The nasty cable companies have more subscribers... waaaaaah, waaaaaah. We'll fire everyone if you don't give us what we want, like PA did when we SWORE we'd have fiber to the entire state by 2004. Waaaaaaah, waaaaaaaah..
--
Sure the internet has lots of porn and piracy, but I'm sure there's a downside to it.

See 6 replies to this post

fourHOURboner

@comcast.net

Pass the Viagra please!

Hahah...Great pissing Contest from the biggest idiots of the corporate world! FIOS is turning out to be a flop! Verizon investors aren't to happy with Seidenberg ,and their going to run him out on a rail! The Comcast greaseBALL keeps raking it in because Seidenberg's too stupid to deploy services to their own customers. What's the DSL availability? 25%-30%(Not using the CO counting method)

TelecomJunky
Premium
join:2005-12-12
Kansas City, MO

Verizon CEO comments

Verizon's CEO said, "I don't think anybody in the room would want us to put all the costs [of building fiber networks] into DSL rates."

LOL, seriously? Aside from the fact that, that is exactly what you should do, because that is what every other non-monopoly company has to do, is this guy forgetting about the billions in dollars of profits his company is making off of local phone service? The local phone service profits that have allowed his company to be one of the top ten most profitable in the world? The local phone service profits that his company extracts rent free from the PSTN network our tax dollars paid for? The same local phone service profits that are already subsidizing their well below market DSL prices that they continue to dump and harm thousands of legitimate independent broadband companies that if allowed to grow would be more than willing to pay the investment costs of building on next-gen networks.

What doesn't the government get? The reason the only investments being made in next-gen networks is coming from the RBOCs and cable MSOs is because they are monopolies and no investor is going to put their money into a company that is in direct competition to another company that has a strangle hold on the market and has lined the pockets of our Representatives to insure it stays that way.

Where is the anti-trust commissions on the RBOCs?
--
-----»hotcarl.diaryland.com
ITALIAN926

join:2003-08-16
Stratford, CT

Re: Verizon CEO comments

quote:
FIOS is turning out to be a flop!
Umm yea, sure. The whole country is waiting in line for this.. aside from cable co. employees and investors HAHAHAHA .

If Fios wasnt already showing signs of success, they wouldve scrapped the idea by now. FiOS has incredible ratings and reviews on this site.. its hardly a flop.

onthinghere



Two parts, one idea

Let this be said, there is one idea which investors and subscribers SHOULD BE worried about:

Execution of fiber is not going as gangbusters as they would have hoped.
1. Legacy POTS still the primary bundle forced with 5,15,30megabit interent plans. Think taxes, fees and telco piggybank ka-ching!!

2. Video franchises are NOT easy to get. That being said: copycat cable channels over fios can not compete with the wild west of the internet. So where's the middle ground? Simply put, there isn't one, and Verizon will continue to hemorrage money until this gets worked on/out..

Now, if 2/3 of what Verizon sells isn't going well-- I hate to use the Iraq analogy, but if you throw gobs of money at the problem as their competitors point out, you'd better have most of it with soaked in sticky glue or something to hit a target (like the auto industry is now learning to do it (2/3 of the services) better than cable), otherwise you get alot of people pissed at you and try to derail your plans...

Why won't Verizon move faster/better in that direction?
One word:
Wireless

While it shouldn't, it makes BILLIONS in revenue and could keep Verizon flying even if pigs fly upside down.
Forums » Verizon CEO: 'Cable Companies are Vulnerable'


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