Is copper finally getting replaced?
17 replies (most recent on top)
+ the way this debt is structured has them painted into the corner.
Verizon is broke people! We have no money and we are in debt $150B!
The Woke and the broke have no real understanding of science or engineering which is why we are in the position that we are. They do not understand telecom technology or the US Communications market. What they understand is WEF, DEI, and ESG, none of which improves cash flow. The company used to sponsor Scientific America and National Geographic but has that up for BLM and Trans issues.
@pwl+1ml5Z2X4 I've had pets that were smarter than former CEO L. McA. The guy apparently had no idea that his wireline employees were also the ones building/maintaining his precious wireless network.
Anyone who thought this current generation of wireless was going to replace fiber was delusional! I think Hans and crew know this nowadays.
New FIOS build in Beaver County PA. Starts May 1st 2023.....
If you do not have a strong 'fiber connection to your home" then you will never have the strongest wireless signal throughout your property.
It is amazing that we allowed nonscientific and nonengineering managers to talk the company out of rolling out the fiber when it was cheap.
There should be a serious clawback on all of the exec bonuses that sold off the towers, ki-led LMDS and fiber. These were the execs that destroyed cash flow.
I recently read somewhere that Northern VA rural areas are getting expansions as well.
Expanding fios in PA right now. Started over a year ago. Looking for another tech in Harrisburg.
How'd that work out? Now we're at the bottom of the wireless game and sacrificed a gold mine of fiber to the home that would have been brought us in steady income for decades to come. Wireless is just a commodity now.
In 2016 they will have something called 5G that will replace Fios. everything will be wireless. We will no longer need workers to put 2 wires together. This is your last best final offer.
Lowell McAdam
No way are they spending the money for FIOS. Any new broadband will be FWA..
Exactly where would Verizon get the money? We are $150B in debt people!
Coming to Fall River
Hope so. On Long Island people are dying to get rid of Altice.
expansion where ?I dont think the company is going too invest into fios expansion,nyc contract is up in june 2023,
@dzu+1ml5Z2X4 Finally! Hopefully I can get rid of this cr-ppy cable service.