Fiber contracts do have escalations in them, and the auto renewals are at the current rate, not a discount lol
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Fiber is the worse business model ever-----too many contracts that a short term with no annual escalation and then when the contract is to renew---it will be at a lower price. No wonder nobody will pay more than 8B for it.
You had me until the last line. Towers are dying out , can’t even support 5G without small cell". That's completely on the carriers and their planning and deployment.
Yup, there’s a position open for a new CFO. DS is “stepping down” wink wink.
Light tower leadership ran it into the ground and su-ked all the money out of towers
You “ Horrible Fiber Business “ was making money hand over fist before Crown got it hands on it , that’s why they paid 7 Billion dollars on it .
It was run into the ground by Crown Management and who they put in place to run it .
Fiber’s profit margins were never and will never have the same rates as Towers .
Towers are making money on already built assets , while the Fiber business needs to constantly grow to make more money.
The share holders don’t want to or can’t realize that .
Fiber will make money and be a cash cow if you let it grow .
Towers are dying out , can’t even support 5G without small cell.
Someone gets it. They aren’t selling people. We can’t sell fiber for a loss. My guess they announce we keep fiber and cut the dividend.
Because no one wants our awful fiber business so now we have to scale up again.