Thread regarding Verizon Communications Inc. layoffs

SpaceX buys more spectrum, stocks lose value

Legacy wireless is doomed. SpaceX bought TMO’s 800mhz spectrum previously purchased by Grain, specifically for in building penetration.


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| 94 views | | 5 replies (last October 11) | Reply
Post ID: @OP+1m4gc63zb

5 replies (most recent on top)

I’m curious what “legacy wireless” is. The legacy aspect of the company was built on the back of GTE and somewhat Bell Atlantic to form Verizon. Verizon’s legacy is wireless. It’s wireline. That’s why they just made the move to buy it back. ATT was smart. They never got stupid and sold off their wireline footprint to invest in wireless.

They built and maintained both. After Verizon su-ked all the money out of the wireline footprint they sold it off. Then they proceeded to spend money like drunken sailors on shore leave. With the promise of 5g wireless that was going to take over the world. They kicked that smoke and mirrors can down the road until all the other networks surpassed them. In the meantime. The “Verizon” which was really a shell of a company with a bunch of incompetents running it as Verizon Wireless started losing money hand over fist.

This is what happens when a company is drunk on its own ego and spending money like it has an unlimited supply. Someone for a moment had a smart idea. Since we took all the money from wireline to fund our wireless ponzi scheme. Why don’t we try that again. I heard Frontier is making money again even after the sh---y deal and all the debt we saddled them with the first time. I bet we could buy them back and run our racket again. Another, 10 year plan. In the meantime, we can use the opportunity to shed all this dead weight we’ve picked up over the years when we on our drunken stupor spending money thinking it would never run out.

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Post ID: @h7+1m4gc63zb

@bb It’s happening. By mid 2027 it will be game over for Vz wireless.

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Post ID: @bc+1m4gc63zb

So SPCX has 5x5 MHz of lowband, serving from 330 km distance. We have at least 10x10 MHz, serving from 1-3 km. Our competitors have a much or more. And oh by the way, there are ZERO SPCX satellites that work at that frequency today.
So they are going to eat VZ/T/TMUS lunch? Lol
Just shows how stupid The Street can be.

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Post ID: @bb+1m4gc63zb

@ag You're a white supremacist trailer park trash

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Post ID: @ah+1m4gc63zb

Dude, the leftist Na-i card is used up as well as you. You are definitely an Obama/Biden voting sleuth….

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Post ID: @ag+1m4gc63zb

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