It’s obvious that as the company moves more and more towards wireless wireline will become more of a burden to VZ. Honestly I thought they were gonna do something to wireline already. Any indication, what is going to happen to that segment of the company? A selloff,spinoff, maybe selling of assets?
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It is a train wreck. There are a lot of comments here from current employees that are either clueless or they’re buying into all the “it’s all going to be automated” hype. Verizon has more money than they have sense. Or had more money than sense. They’ve laid off all those that spent decades of their life’s silently making the magic happen and made vz what it was. We’ll all be witnessing here in about a years time or less or maybe as soon as this June.
LETS TRY THIS AGAIN...
"It’s obvious that wireline is dying in the traditional sense."
If you fill your Prius with concrete blocks, you lose the right to complain about your poor mileage. Of course it will plummet.
If you fill your wireline budget with wireless baggage, of course it looks terribly unprofitable. That's the plan. Show massive wireline losses, and the (bought and paid for regulators) will allow you to...
1) renege on your promised obligation to extend fiber high-speed internet; and
2) ditch your landline obligation due to its (intentionally neglected & contrived) obsolescence.
Easy Peasy.
"It’s obvious that wireline is dying in the traditional sense."
If you fill your Prius with concrete blocks, you lose the right to complain about your poor mileage. Of course it will plummet.
If you fill your wireline budget with wireless baggage, of course it looks terribly unprofitable. That's the plan. Show massive wireline losses, and the (bought and 2) ditch your landline obligation due to its (intentionally neglected & contrived) obsolescence.
Easy Peasy.
You do know that telecoms reinvest in their network every year right?
It’s obvious that wireline is dying in the traditional sense. It lost $88 million last quarter. Wireline will get sold off or liquidated at some point. One fiber will get reformatted similar to a Comcast structure. Wireless is already getting bucket trucks to be self reliant in the field. I know the wireline people reading this are angry at this post but you’ll see. Wireline keeps losing money every quarter while wireless makes gains. It’s simply a matter of time. Get your degrees while you can have Verizon pay for it and prepare. There is nothing to argue about this, facts don’t care about what “should be.”
Anyone that thinks wireline will get sold is just an id--t, literally every person walking requires an enormous amount of bandwidth And this is only the beginning. In the future, your entire home will be connected to the internet and require data that fios will provide. In a few years 1g data rates will seem like nothing, fios isn't going anywhere because its a goldmine.
I'm a old timer maintenance tech, I don't know why VZ doesn't just deny service and turn wireline off. It obviously cost more money to keep it repaired than what's it worth. Maybe it's like a 57 Chevy in Cuba and they have no choice but to keep it running. It was a cash cow for decades but the old steam engine ma Bell has seen her better days.
Do you come with any facts to support your opinion or just childish insults?
For just one example, from a quick glance at Bruce Kushnick Twitter... Verizon NY local service was charged 1.8 Billion for "corporate operations expenses" in 2017 alone. Seems weird no?
That is only 1 snowflake in a blizzard, Bruce Kushnick has studied the way Verizon set this whole thing up going back years. Read it for yourself.
But the fix is in, the media do not care, and will not be rocking this boat. Next stop 5G, cancer, globalism and corporate tyranny. So what insights do you have on these subjects crack man? Nothing...you are a low info sheep so kool aid is your d--g of choice.
Wireline money pot...ROFL. More like money pit with union pension and healthcare costs and a shrinking subscriber base. Please. Put the crack pipe down man. Wireless has been proping that wireline trash for years.
Bruce Kushnik is on Twitter so anyone can find out the real story on wireline including the real story about why 5G is being pushed.
Or you can just drink the Kool Aid its very good tonight. One day all you little sheep will be brought to a beautiful castle for a dinner in your honor.
No they don't. Also all legal fees, fines, advertising costs, and other expenses come out of the wireline money pot giving the illusion that wireless is pure profit.
We would really like to know the true numbers if Wireless had to paid Wireline for those FREE Fiber lines to all the cell sites
VZW pays VZ for all of it's circuits provided by VZ.
Pretty sure it wasn't free in the 70 percent of the country that is not covered by Verizon wireline! You people act like you're the only reason wireless exists......most of the country does not have Verizon landline. Get over yourself...
Copper will continue to die a slow death until Verizon pulls the plug.
FIOS will continue to be a product that had tremendous potential if it was rolled out correctly but the piece meal way that it was done will keep it pretty much flatlined. Once Vz can get contractors in to do installs, it will look better to investors, but it’s still the same product, just cheaper overhead.
Employees will essentially be a skeleton crew. The line between CO, Field, and VZB will no longer exist. Employees will handle emergency maintenance issues in the network and routines. Everything else goes to contractors. Pretty sure VZB operates this way now, but may be mistaken.
Call center employees will also become a thing of the past with automation, self help and and offshoring. But that’s not a Vz specific issue.
So, wireline isn’t going anywhere but it will have a major but slowly implemented facelift over the coming decade.
Butter and toast guy compares FiOS with its miniscule footprint to national wireless network.
Butter and toast guy says $7 billion Q1 revenue from all of wireline tops the $23 billion of Q1 revenue from wireless.
Put down the crack pipe butter and toast guy.
I thought wireline was dead but all of sudden we are getting a lot of HSI orders, Spectrum upped their prices and people won't pay it. Most older money conscience people are more than happy with 5 Meg DSL, as long as they can play their online games they are good. Everybody was asked for OT for copper, even the FIOS guys. Go figure.
It.s the most condensed and important piece of telecom property in the nation
It handles traffic for VZW as well as all other wireless carriers . Why would they want to sell it?
Verizon media is unofficially on the block and dragging down the company
It all depends on what you call wireline....the wireline I am familiar with deploys, operates and keeps up the next generation network of the future...you know those strange roadms, wavelogics AI, intelligent edges, the 100, 200 and yes the 400g ULH links across states, oceans....you know where all kind of data travels to......there is a lot but a lot more than a small piece of hardware talking to a close little antenna.....id--ts,.......And I am not in "wireline"