| "Wall Street punished us for investing in FIOS." So anything that moves America forward, gets pushback from the new American aristocracy known as Wall Street. Chinese wages...here we come!
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"Thanks for the dance... and cut yourself a slice'a throat! "
- Curly (HOI POLLOI, 1935) |
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| Re: "Wall Street punished us for investing in FIOS." said by S_engineer:So anything that moves America forward, gets pushback from the new American aristocracy known as Wall Street. Chinese wages...here we come!
C'mon S, got to keep that stock price up!! Never mind a bigger payout later, we need cash now!! |
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 TomekPremium
join:2002-01-30
Valley Stream, NY | reply to S_engineer
Re: "Wall Street punished us for investing in FIOS." Companies are driven by profit. Investors want their low-tax income and care less.
I remember when verizon was defending FIOS push.
And now I can actually see the point. With the advent of mobile devices people are no longer connected at home.
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Semper Fi |
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Reviews:
 ·Verizon FiOS
| reply to FloridaBoy
Re: "Wall Street punished us for investing in FIOS." said by FloridaBoy:C'mon S, got to keep that stock price up!! Never mind a bigger payout later, we need cash now!!
gone are the days of long-term investment...now it's all instant gratification! |
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 JeffreyConnoisseur of leisurely thingsPremium
join:2002-12-24
Long Island
kudos:3
·Verizon FiOS
 ·Vonage
| reply to Tomek
said by Tomek:Companies are driven by profit. Investors want their low-tax income and care less.
I remember when verizon was defending FIOS push.
And now I can actually see the point. With the advent of mobile devices people are no longer connected at home.
We'll we're connected everywhere now, but if you asked me "Do you cancel your Fios or do you cancel your cell phone", I'm cancelling my cell phone. High speed internet connectivity in the home is extremely important to me.
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He used to say that soul shine, is better than sunshine, better than moonshine, damn sure better than rain.
Debunking the 2012 hysteria. | Always looking for a new job | Begging the Wilpons to sell the Mets. |
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 Smith6612Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:22
 ·Verizon Online DSL
·Frontier Communi..
1 edit | reply to S_engineer
Well, I do hate to say it but Verizon is telling the truth, here. With Ivan gone they don't seem to have the push/will to expand FiOS further and defend it but investors (not everyone of course!) mainly complained about even investing in the network due to the long term cost of the network. They became shortsighted in wanting a fast return rather than a solid foundation for a company they invest money into to stand on. Now whether or not that is the ACTUAL story is another thing to measure. I'm going by what I've seen. I understand companies which are publicly traded are massive pieces of financial machinery, but if you lack investors you most likely also lack funds. I just wish Verizon still had a tooth to give whoever/whatever the problem is some beef to tell them they would still be expanding.
I will mention though that even though people are looking to go all mobile, they would still like something other than Cell Phone Internet. They get tired of the fees and slow speeds of Wireless networks and they also get tired of using their phone's web browser after a little while.
Oh well. If things want to be like that... |
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| reply to Tomek
said by Tomek:Companies are driven by profit. Investors want their low-tax income and care less.
I remember when verizon was defending FIOS push. And that's why they should be OK with FIOS. We've been looking at houses lately as we just sold ours. In those houses that had FIOS available every one of them had a FIOS box on the wall. Those that were not vacant many were also FIOS TV subscribers as well.
I know in our neighborhood (got FIOS in 2008) I'm seeing more and more FIOS Boxes show up on houses. In the house we just bought you can get FIOS and I'm thrilled. No Comcast (I would have dealt with them) and hopefully I can just take my FIOS boxes with me.
It is a great product and much better than Comcast. Shame they won't build it out more. As a Verizon shareholder I'd like to see them in a better long term position than short term.
quote:
And now I can actually see the point. With the advent of mobile devices people are no longer connected at home.
Really? People need good connections at home. I know I work from home, have an online bakup, VOIP, and an Apple TV. I love our 20/15 FIOS connection with no caps. I also love my data on the go but I need a good connection at home. I don't know anyone that has given up their high speed internet for the stuff on their phone. And with overages and limits I don't see that happening any time soon either. |
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Smith6612Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:22 Reviews:
·Verizon Online DSL
·Frontier Communi..
| said by itguy05:Really? People need good connections at home. I know I work from home, have an online bakup, VOIP, and an Apple TV. I love our 20/15 FIOS connection with no caps. I also love my data on the go but I need a good connection at home. I don't know anyone that has given up their high speed internet for the stuff on their phone. And with overages and limits I don't see that happening any time soon either.
Seconded. I hate remoting onto people's computers when they're working from home while I'm trying to help them perform a multi-Gigabyte software install and it takes an hour to download. I'm logged into some key things with my own admin credentials so obviously they cannot use the computer for as long as I'm in and working (this is typically when the automated, user-friendly installs don't work which does happen). I love it when individuals have decent connections as it means I'm not taking their computer away from them for an hour. Fast connections cut that stuff down to 5-10 minutes. |
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| reply to Tomek
Re: "Wall Street punished us for investing in FIOS." That wasn't what Verizon was being beaten up over at the time. Plus, think it could be a bit of a self fulfilling prophecy? Poor broadband at home leads to increased reliance on mobile networks? |
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| reply to serge87
Re: "Wall Street punished us for investing in FIOS." »www.youtube.com/watch?v=HX0fIi3H-es |
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brad
join:2007-09-06
Etobicoke, ON | reply to Smith6612
said by Smith6612:Seconded. I hate remoting onto people's computers when they're working from home while I'm trying to help them perform a multi-Gigabyte software install and it takes an hour to download. I'm logged into some key things with my own admin credentials so obviously they cannot use the computer for as long as I'm in and working (this is typically when the automated, user-friendly installs don't work which does happen). I love it when individuals have decent connections as it means I'm not taking their computer away from them for an hour. Fast connections cut that stuff down to 5-10 minutes.
Ssshhh. You're supposed to be one of those sheep that hands over their wallet and likes shitty slow service with really low caps and defends all the fees and high prices. |
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| reply to serge87
It's time our nation start a national project to install FTTH, just like we did with roads, water, electricity etc.
Imagine the hundreds of thousands of jobs it would create alone. |
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Smith6612Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:22 | We "tried" and failed. I think the Broadband Stimulus was supposed to go towards some FTTP. |
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Smith6612Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:22 Reviews:
·Verizon Online DSL
·Frontier Communi..
| reply to brad
But I'm not unfortunately  . If I come across a capped connection I run it right to the point where the meter might think I've gone over and then shut the connection down. Aka, when I was stuck using a 3G connection with a 3GB cap. Blew through the cap in a few hours of normal usage.
Slow connections? I just keep them maxed until I get what I need done. |
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| reply to Telco
said by Telco:It's time our nation start a national project to install FTTH, just like we did with roads, water, electricity etc.
Imagine the hundreds of thousands of jobs it would create alone.
That's good, but I'd take it several steps further....regulate it as a utililty. Install federal, or local pucs to regulate this utility per region. Define a cap as a price forcing the isps to justify cap range for in the given context of it's technology ( i.e. Fios vs Docsis 3). Extend this to wireless as well. All Pucs are to be made up of engineers with zero political affiliation. Also forcing isps to justify all price increases...not to just placate Wall Street. Now some will argue that this would be a socialist gov't take over, well...I hope you use that same argument for those that monitor communications.
Remember...if it's got a meter, it's a utility
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"Thanks for the dance... and cut yourself a slice'a throat! "
- Curly (HOI POLLOI, 1935) |
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| reply to Telco
Unless you are going to get private citizens to do it themselves without permits, it's not going to happen.
The telco lobbyists control this. If it's going to get done, it's going to get done under their terms and for their benefit. |
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| reply to Smith6612
Not to mention that Ivan's replacement, Lowell McAdam, came over from the wireless side of the business. Any community that has been informed that they won't benefit from the fiber buildout should have the right, w/o the threat of Incumbent litigation, to provision municipal fiber. |
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Reviews:
·Callcentric
| reply to S_engineer
We did it with the interstates, why not do the same with something as crucial as our data networks...
I noticed the Aussies are rolling out a national wholesale FTTH network. That way their government owns and control the underlying infrastructure, while much like a road, any number of businesses can utilize it and resell their services over it.
Once again government will have managed to create a significantly more competitive market than the private sector alone; which in reality, contrary to GOP rhetoric, for obvious reasons hates competition.
The fact is that the private sector does not have the stomach for long-term investments mandatory for projects like this.
This quarterly-driven outlook is also why the world has significantly overtaken us in infrastructure and large scale projects and quite frankly it's a weakness that countries like China are exploiting.
This private only policy post Reagan has failed America in every aspect. |
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| reply to Smith6612
We have never tried anything like this on a national level, it;s all smoke and mirrors. The tools we have given the FCC for example are a joke and useless.
GOP voted against any broadband initiatives. |
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 kontosxyzzy
join:2001-10-04
West Henrietta, NY | reply to Verizon Rep
said by Verizon Rep : Any community that has been informed that they won't benefit from the fiber buildout should have the right, w/o the threat of Incumbent litigation, to provision municipal fiber.
If building fiber in a community is such a sure thing (profit-wise); why don't you go buy a shovel, and start digging? Why does the government have to do it? |
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