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Stock Jocks Worried Verizon Will Have to (Gasp) Compete on Price
by Karl Bode 02:17PM Wednesday Feb 05 2014 Tipped by Bill Neilson See Profile
Much has been made of T-Mobile being a thorn in AT&T's side with their recent round of price disruption, AT&T responding with a number of price changes of their own (even if many are short lived or not really useful for most customers). Verizon has so far remained clear of the fray, the company long claiming that hey, they don't have to compete on price because their network is just that good.

Still, Wall Street analysts are worried that Verizon will eventually join the pricing fisticuffs, eroding stock value over time. Speaking to ComputerWorld, Verizon tries to calm investor fears by sticking to the company's line that they're simply too awesome to have to compete on price:
quote:
"Verizon customers come to us and stay with us because of the many great options we have to fit the way they use all of their wireless devices -- including smartphones, tablets and more -- all on a 4G LTE network that is the largest and most reliable in the country.
Verizon's confidence isn't baseless; the company leads most customer satisfaction studies, though it's their massive network size and duopoly domination of both retail and special access markets that gives them a particularly huge advantage. As noted above, a little too much has been made of AT&T's responses so far to T-Mobile, as much of the intense price competition the press is observing on AT&T's end has been somewhat superficial in nature.


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mob
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reply to Mike

Re: Investors are stupid

said by Mike:

Investors help build then crap all over a company for those exact same reasons you listed.

They would rather have $5.01 RIGHT F#*)!^$ NOW than make $50 in an hour, or $500 in a day, or $5000 in a month.

Money isn't bad - but if that is your sole purpose, customers or business model be damned, it catches up in the end and slays the goose that lays golden eggs.
--
Ich habe kein Mitleid - Me
You're a daisy if you do. - Doc Holliday
And as always, have nice day.


mob
On the next level..
Premium
join:2000-10-07
Reviews:
·SureWest Internet

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They are addicts of money. They are golden cluckers, no better than a crackhead blowing a someone in the alley for a $5 rock. They have managed to "improve" so many companies into bankruptcy and failure that it has literally turned America into a future 3rd world country.