KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
 ·AT&T Yahoo
·AT&T DSL Service
 ·Cox HSI
·AT&T Southwest
| SBC reported profits slipped slightly for 1Q 2004, caused by people disconnecting traditional POTS lines. However, they also reported amazing growth in DSL subscriber lines, and new Long Distance service sales to customers, so future expectations look very rosy.
Also, they apparently paid down several billion dollars in debt, which is a good thing, but makes earnings look less impressive..... (IE 5 billion in after expenses-revenue looks worse when you chose to pay an extra 3 billion out to reduce debts, and then announce only 2 billion in final revenue)
Simply put, the Bells are doing great, Thank you very much.
--
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!) |
