Thread regarding Verizon Communications Inc. layoffs

That last comment is a joke. Wireless paying 10% of market rate. Way off base.

I bet any union reader blocks out all of these excellent truths about VZW lack of need for VZT wireline, figuratively in the same way a child plugs fingers in ears and hums to block hearing.

Ignorant union signs that profess that Verizon needs to build out Fios as if that would spark profit make me laugh. Fios represents the extent in advanced technology and business offering a consumer or business could purchase.

Bwahaha

Wireless is paying a fraction of market rates, like 10%. Let them pay wireline wholesale rates and the numbers will flip flop quicker than it took you to read this. Ads? Paid for by wireline. Build out to towers? Paid for wireline as well. The list goes on.... VZ trying hard to sucker people back to work, there is a reason or that; they NEED us!!

ofs is correct. Wireline is nothing more than a vender for Wireless. The Wireless backbone does need some wireline back haul, but VZW can get that from any wireline provider.

As far as customers go, wireline is definitely not a requirement to have wireless. That's why so many "cord cutters" as they are called are getting rid of their POTS line and cable and using a cell phone and NetFlix.

Verizon Wireless is totally separate from Verizon Wireline as a business and financially. The only financial relationship between the two is how much Wireless pays wireline per month for back haul.

Verizon Wireless doesn't have to buy it's wired backhaul circuits from Verizon Telecom. They can buy them from Level 3, AT&T, Frontier, or whomever else sells them.

I'm not sure who from the union came up with that silly "no wires, no wireless" talking point, but whomever it came from either has no clue what they're about or is purposely lying to the union employees.

Verizon Wireless is a customer of Verizon telecom when it comes to backhaul circuits. But beyond that there is no relationship which is why VzT has been selling huge pieces of it's wireline network to Frontier the past 2 years. When VzT sells off the rest of it's wireline network to Frontier or whomever, the only thing it means to VzW is that the checks they write for backhaul service need to start going to Frontier instead of VzT.

Another technologically ignorant writer. No wires, no wireless.

This quote sums it up:

"In sum, what we are seeing is a fight between a company stuck in a business for which it has no enthusiasm, and workers stuck with a company to which there is no alternative. Wall Street analysts have suggested that Verizon should sell all of its landline business, but there is no natural buyer. What’s clear is that McAdam and others have a vision of the future with no wires and, consequently, with no unions."

This is why the company isn't likely to give in on anything and will just take this strike to a lockout and replace the union workers. There is nothing to gain for Verizon by pouring more costs into the wireline business which is shrinking. If they agree to a new 5 year contract they are basically agreeing to turn that business upside down financially for five years, which means no one will buy it from them and it will be a money losing albatross worse than it already is.

I think there will be a lockout over the next few months, the workers will be replaced (they can get call center people for less than half the $60k figure quoted in this article), and the rest of the year will be focused on getting the wireline segment in shape to sell. No company in this day and age can afford to pay call center phone people $60k+ and field workers $80k+, especially when you factor in the better-than-market health benefits they get (and are unbelievably fighting to get for free).

http://www.newyorker.com/business/currency/the-verizon-strikers-shrinking-world