http://www.huffingtonpost.com/bruce-kushnick/new-verizon-2015-financia_b_10825674.html
“Corporate Operations” expense is a garbage pail of corporate expenses, from lawyers and lobbying to even the executive jet. Going through the annual report we found that $2.6 billion was charged to Verizon New York for Corporate Operations in 2015...
Imagine how much more profitable wireline would be without being the dumping ground for wireless bills?
Do you have a cellphone? That runs off of landline too.
This is the part where you guys are confused. Yes the cell towers use fiber, but that doesn't reside solely on the VzT network. Quite a bit of our towers have leased fibers to them. VzT does NOT keep wireless alive. If there was no VzT we would still get the service to the towers.
I have 4 cell phones, not VZW.
Do you have a cellphone? That runs off of landline too.
I have not had a home phone in over a decade. Landline is going the way of the newspaper. Who cares about making landline profitable? Verizon wants to sell or burry it...
Shameless and Mcdumbass needs their corporate jets like all fat cat executives.
The bigger issue with the corporate jet fleet, is why they even have a fleet of jets to scurry these executives all over the globe? There are at least five corporate jets, with a purchase price in excess of $35M each. Then, there is the maintenance cost for each jet, the hangars, the fuel, landing fees, the admin staff and the standby pilots - this is an enormous expense for VZ. Its also ridiculous that former retired senior officers also have access to the fleet and are entitled to buzz around on the corporation's dime. Yeah, I know, time is of the essence - but not buying that argument for a minute - it is excessive. That fleet should be downsized too, just like all the jobs that were downsized.