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Forums » Fairpoint Files Bankruptcy Plan » When does Verizon buy them back?
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Verizon's shame is Fairpoint »
« I would like to see the executives in handcuffs  
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ptrowski
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reply to Karl Bode
Re: When does Verizon buy them back?

said by Karl Bode See Profile :

Verizon doesn't want it.

What Verizon does want is to come back over the top with LTE services five years later and leech back the customers they DO want by selling them ubiquitous wireless service that can compete with aging DSL service.

Verizon offloads the infrastructure (much of it subsidized by taxpayers) they didn't want to upgrade, offloads the union workers they didn't want to deal with, offloads debt, gets tax credits, then comes back later and gets those customers back anyway.
Good point. Let's get the over/under going!
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Karl Bode
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I didn't really see the LTE angle myself until somebody involved in their LTE deployments pointed it out to me last week. It's kind of genius in an obnoxious and unethical way...Especially if you start to think about how many billions Verizon, NYNEX, Bell Atlantic got in subsidies and taxpayer funds over the years to fund those networks. Luckily for Verizon, neither politicians or the press will ask those kinds of pesky questions of these transactions...


ptrowski
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said by Karl Bode See Profile :

I didn't really see the LTE angle myself until somebody involved in their LTE deployments pointed it out to me last week. It's kind of genius in an obnoxious and unethical way...Especially if you start to think about how many billions Verizon, NYNEX, Bell Atlantic got in subsidies and taxpayer funds over the years to fund those networks. Luckily for Verizon, neither politicians or the press will ask those kinds of pesky questions of these transactions...
It really is. Now that I thought about it more it's a brilliant strategy.
--
"So, Lone Starr, now you see that evil will always triumph because good is dumb."

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Forums » Fairpoint Files Bankruptcy PlanVerizon's shame is Fairpoint »
« I would like to see the executives in handcuffs  


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