By July 2014, 100 percent of New York City's residential households should have been able to get FiOS cable service delivered over a fiber optic wire that was supposed to replace the aging copper-based infrastructure.
In 2006, the NY Public Service Commission granted Verizon NY multiple rate increases (84%) on residential phone service for "massive deployment of fiber optics" and "losses."
There is a smell of rain these days -- a gust of damp certitude that is wafting the bird of the Internet our way.
AT&T and Verizon have continuously said that it is 'uneconomical' to upgrade most areas and that the solution is to force customers onto their wireless services. But, it has all been a financial shell game.
Verizon's media department should really read their own CEO's statements before they open their mouths in the press. CEO Lowell McAdam and other senior management have said over and over that the company is "shutting off the copper" to force customers onto Verizon's inferior and expensive wireless services. Yet Verizon is denying that they have such a plan.
100% of phone customers paid for networks most will never get.
The deal -- If the State granted higher profits (read rate increases on phone customers) and gave tax breaks, this extra money would be used to pay for constructing these new networks over the next 20+ years.
Verizon New York's Annual Report for 2014 has just come out and it is a page turner. Let me start with some facts and then answer two questions -- How did Verizon New York lose billions in 2014? Isn't FiOS, Verizon's fiber optic service, profitable?
Verizon NY (VNY) is supposed to have 100% of New York City upgraded, replacing the aging copper-based networks with a fiber optic infrastructure for the delivery of a service called FiOS that offers cable TV, High-speed Internet and Digital Phone services.
Why so much activity stirring around the boundaries of gender? And why now? As cultural insight mavens, we see something fundamental taking place. Some people are calling it the Fourth Wave of feminism. Fed up with everyday sexism and forged by other forms of activism, women are empowered by social media and other communications technologies.
This plan's advertised price cost is $10.00 and yet the actual costs to the customer are $32.00, hiding a whopping 220% above this advertised price. Is this 'fair and reasonable'? Is this deceptive advertising? Where are the savings for buying this 'slim package'?
erizon and the NJ Board of Public Utilities (BPU) cut a stealth agreement to raise rates on top of previous rate increases of 440 percent. Moreover, the State undercounted the additional charges and fees over the last two decades.
While there are those who care about editorial issues and what will happen to Huff Po, Techcrunch and Engadget if Verizon takes over, as a telecom analyst, I have different concerns.
Verizon is acquiring AOL for $4.4 billion in cash. You are going to be asked about it today. Here are some probable outcomes (in no particular order). Pick the one you believe and speak with authority. Good luck.
As CEO's of leading adtech companies along with institutional and strategic investors gather for LUMA Partners' annual one-day conference in Manha...
When it comes to his stock picks, marquee investor Warren Buffett is both stubborn and predictable. Here's who Buffett has been carrying a torch for, all these years.