Monday, February 19, 2007
Why "All lines are full" at Verizon
Bruce Kushnick put the Verizon Capital Expenditure numbers on Cybertelecom yesterday:
2000 -- $12,119,000,000
2001 -- $11,480,000,000
2002 -- $8,004,000,000
2003 -- $6,820,000,000
2004 -- $7,118,000,000
2005 -- $8,267,000,000
2006 -- $10,259,000,000
One can interpret this Rorschach test in any of a number of ways, but the fact is that Internet traffic continued to double every year while Verizon cut capex. Now, Bruce claims, the numbers show illegal cross-subsidization of FIOS by local service revenues.
Me, I dunno, but I got an hour and a half of, "Our lines are full, call back later," from Verizon bait-and-switch customer service last weekend, and I'm still hoppin' mad.
2000 -- $12,119,000,000
2001 -- $11,480,000,000
2002 -- $8,004,000,000
2003 -- $6,820,000,000
2004 -- $7,118,000,000
2005 -- $8,267,000,000
2006 -- $10,259,000,000
One can interpret this Rorschach test in any of a number of ways, but the fact is that Internet traffic continued to double every year while Verizon cut capex. Now, Bruce claims, the numbers show illegal cross-subsidization of FIOS by local service revenues.
Me, I dunno, but I got an hour and a half of, "Our lines are full, call back later," from Verizon bait-and-switch customer service last weekend, and I'm still hoppin' mad.
Technorati Tags: Verizon
Comments:
Is that the total for all divisions of the company? The fun thing to do would be to divide that by the number of customers. That would be 40 million for wireless, 6.4 million for landline.
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