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CXM_Splicer
Looking at the bigger picture
Premium
join:2011-08-11
NYC
kudos:1
Reviews:
·Verizon FiOS

reply to openbox9

Re: Need FIOS instead

Of course they wouldn't legally mandate Verizon to deploy FIOS so 'encouragement' is a better word, I agree. Encouragement to the tune of 'Hey Verizon... you know how you guys have been receiving all those tax breaks? Well guess what..." And, we have just decided to modify the telecom regulations a little bit... you may not like it but it is for your own good"

No tax money would (or should) be used to pay for expansion of Verizon's infrastructure. If tax money is going to be used then the infrastructure must belong to the people. This is being done successfully in some areas.

Arty hit the nail on the head... FIOS is profitable. It just wasn't profitable enough for Wall St. There would be more than enough money to continue the buildout if they started acting like the Public Utility they are and not the 'no-overhead' business they want to be.

openbox9
Premium
join:2004-01-26
japan
kudos:2

I never suggested using taxpayer money.

If you want a regulated public utility, put Ma Bell back together as a regulated monopoly with set fee structures and guaranteed profits.


CXM_Splicer
Looking at the bigger picture
Premium
join:2011-08-11
NYC
kudos:1
Reviews:
·Verizon FiOS

Yes, sorry; I did not mean you were suggesting the use of tax payer money. I was replying to Tshirt's post by following up with a general statement in my post to you.

I would be all for a regulated public utility although I don't see why we would need to go back to one Ma Bell to achieve that. Verizon, however, would be dead set against it because the 'guaranteed profits' would be less than what they make now.


openbox9
Premium
join:2004-01-26
japan
kudos:2

said by CXM_Splicer:

I don't see why we would need to go back to one Ma Bell to achieve that.

Efficiency. One nationwide public telecom utility.
said by CXM_Splicer:

Verizon, however, would be dead set against it because the 'guaranteed profits' would be less than what they make now.

Maybe, maybe not. I doubt that we'll need to worry about it because I honestly do not see this happening.

CXM_Splicer
Looking at the bigger picture
Premium
join:2011-08-11
NYC
kudos:1

I tend to find that the larger something is, the less efficient it is. Need I go any further than pointing to the federal government?

But I also agree that it is very unlikely they will return to being a public utility.


openbox9
Premium
join:2004-01-26
japan
kudos:2

Bad example. The government is inefficient because it's motivated to spend all of its money each year. It has no incentive to not waste money (double negative for the win).


CXM_Splicer
Looking at the bigger picture
Premium
join:2011-08-11
NYC
kudos:1
Reviews:
·Verizon FiOS

Well, technically speaking, they are spending more than they have each year... that's why we go deeper and deeper into debt. And the perpetuation of that is not because of inefficiency, it is because of corruption. Don't forget that the money is spent somewhere. Large companies take home billions of dollars of that money (hell $5 billion simply disappeared in Iraq) and certainly don't want the gravy-train to dry up. Somehow we have ended up with politicians that are also business people; the whole thing is a gigantic conflict of interest.

Anyone that thinks large corporations are the pinnacle of efficiency has never worked for a large corporation. I can honestly tell you that Verizon throws away more brand new supplies and equipment in a year than I would be able to pay for with my yearly salary... and that's just in my garage of about 40 guys.


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