Thread regarding Verizon Communications Inc. layoffs

REALLY??? YOU'RE NOT LYING??

In 2012, Verizon chief financial officer Fran Shammo laid out the company's long-term scheme to investors: "The fact of the matter is Wireline capital -- and I won't get the number but it's pretty substantial -- is being spent on the Wireline side of the house to support the Wireless growth. So the IP backbone, the data transmission, fiber to the cell that is all on the Wireline books but it's all being built for the Wireless Company."

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Verizon Strike Exposes Broader Shifts in Telecom Labor Conditions

Friday, 13 May 2016 09:49

By David Rosen, Truthout | News Analysis

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| 1912 views | | 21 replies (last May 17, 2016) | Reply
Post ID: @OP+HqjJ7ix

21 replies (most recent on top)

Quick question for you....Do you think the Wireline senior management team would ever agree to fund Fiber to the Cell without getting reimbursed by Verizon Wireless for the build? Keep hearing a lot of allegations about improprieties and cross subsidy theories. These managers will fight for every penny of capital, no way they will be so altruistic with their peers!

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Post ID: @1zch+HqjJ7ix

"5G, DAS, Small Cell, Strand Mount Cell, Femtocell.....study up. These are all things that will make FIOS obsolete. These are the places Verizon will put its money into. FIOS will be placed into "maintenance mode" and freewheel until the wireless technologies penetrate. It's much cheaper and easier to mantain a single 5g radio hanging on a light pole somewhere that serves 60 customers than it is to maintain 60 separate fiber entrances."

This.

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Post ID: @1rfv+HqjJ7ix

5G, DAS, Small Cell, Strand Mount Cell, Femtocell.....study up. These are all things that will make FIOS obsolete. These are the places Verizon will put its money into. FIOS will be placed into "maintenance mode" and freewheel until the wireless technologies penetrate. It's much cheaper and easier to mantain a single 5g radio hanging on a light pole somewhere that serves 60 customers than it is to maintain 60 separate fiber entrances.

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Post ID: @qvm+HqjJ7ix

Yes, it is all true but Verizon is still one company and as such isn't required to report investment within it's support infrastructure. It does so at times to promote investment growth but would never admit it bleeding wire line to support and set up wireless for the future. The numbers go as high 40-50 billion to build the wireless network. Some of you might remember the original Edgar filing when Vodafone and Verizon made merger deal that require Verizon to completely build it's network to accept Vodafone. Since Vodafone controlled if the merger would actually happen, Verizon spent wire-line profits on the wireless side and now claim wire-line was basically never needed even though currently it's wireless network is dead in the water without it.

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Post ID: @lxr+HqjJ7ix

"5g being tested. Yeah yeah and so was and still is (for last 5 years) wireless cable boxes. Hows that one working out? They cant even get a wireless cabke box to work properly "INSIDE" the house"

Wait til you see whats coming out later this year. Inside wiring will be a thing of the past.

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Post ID: @sdi+HqjJ7ix

5g being tested. Yeah yeah and so was and still is (for last 5 years) wireless cable boxes. Hows that one working out? They cant even get a wireless cabke box to work properly "INSIDE" the house

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Post ID: @neh+HqjJ7ix

"The data caps on wireless are the killers of it.What good is getting decent 25M service if I blow thru a few gig limit watching a few shows on Netflix?"

See the comment below where the "outside of the current bandwidth based pricing model" was mentioned. Technically 4g is sufficient for the majority of users. Financially, in the current usage based model, it is not for those who stream content . But, with time I think we can be sure that the "pay by usage" model for internet service will go away (just as the pay per phone call model did).

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Post ID: @cfc+HqjJ7ix

The data caps on wireless are the killers of it.What good is getting decent 25M service if I blow thru a few gig limit watching a few shows on Netflix?

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Post ID: @cpn+HqjJ7ix

"There's a lot more to the picture than just that."

Yes, of course (which is why I prefaced my comments with "the typical residential/business user"). There are other enterprise/commercial accounts which could not simply place a wireless hotspot in place and be done with it.

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Post ID: @wmy+HqjJ7ix

"IMO, what is keeping the company from completely dismissing the union is the fact that a certain portion of that wireless traffic runs through the "old school" buildings for the time being. "

There's a lot more to the picture than just that.

Enter the phone room of any hospital, government organization or a bank. The stuff that no one here talks about which keeps many a wheels turning, and it's all wireline and not about to be replaced by anything wireless anytime soon. Anything from low-level-analog-data to Ethernet pipes. With so much in between that it's not even funny.

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Post ID: @hot+HqjJ7ix

In truth, outside of the current bandwidth based pricing model, the common 4g hotspot available today is technically suitable for a good portion of the typical residential/business users. These hotspots will typically deliver 20-25 Mbps up and down (higher in many cases), which is acceptable for a very large percentage of the user base (and this is not far off the base FiOS speeds when first deployed). Such a relatively slow speed is good enough to stream multiple HD videos (maybe even multiple 4k, I haven't tried that yet), simultaneously browse the internet, send emails, etc etc.

IMO, what is keeping the company from completely dismissing the union is the fact that a certain portion of that wireless traffic runs through the "old school" buildings for the time being. The other union filled positions (such as the call centers everyone is talking about) are so easily replaced that they do not seem to be of critical concern. (I mean that as no insult to those working there, only that those positions are much easier to quickly learn than the field tech positions.)

The bottom line is that things are changing, for better or worse. So, we all need to adapt. That means doing our best to make ourselves valuable in areas/fields that perhaps we are not necessarily well versed currently. This holds true whether there is strike going on or not.

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Post ID: @lee+HqjJ7ix

HqjJ7ix-dfj

Ok sorry, you said may be a viable alternative. I would also like to agree that technology is changing hence the need for greater speed, fiber/fios, and bandwidth, yes fiber/fios again. 5g is in beta testing phase and we already k ow not as good as fiber. You can't abandon something today for something that has no foreseeable chance to replace what we have already. Plus, once broadband is regulated everybody in the country will have the same requirements which mean Vz will have to build out anyways

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Post ID: @pob+HqjJ7ix

"5g will never be capable of reaching the same speeds as fiber."

That was not stated. What was stated was that 5g may be a viable FiOS alternative. The vast majority of FiOS users are not operating much past 100 Mbps, which is well within the capabilities of 5g.

Of course, never say never as well. Technology moves very quickly and those technologies that offer "bang for the buck" will necessarily be implemented.

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Post ID: @dfj+HqjJ7ix

Whole point was to break the union and prove to wireless that not joining Union was in thei best interest

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Post ID: @xuy+HqjJ7ix

Again Bernie madoff was convicted of less

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Post ID: @bec+HqjJ7ix

: @HqjJ7ix-zbl

5g will never be capable of reaching the same speeds as fiber.

As far as not building in rural areas, I guess you didn't read the article. WE ALREADY PAID THEM TO DO IT!!! They simply stole the money and are now refusing to build. It's a joke what they have been able to do. Telecom ribs $450 billion from the American public and nothing happens. If I stole $5 from you in the street I would goto jail. This is a miscarriage of justice.

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Post ID: @frd+HqjJ7ix

"People want HSI, it's a necessity these days, wireless ain't gonna do it."

If by HSI you simply mean DSL and below, that is easily replaced by wireless. The current 4g service outpaces it easily.

Going forward, 5g (which will be here very soon, beta testing going on now), has the chance to make even FiOS unnecessary. The company is already taking steps in this direction. If a small box placed in the middle of the house/business (which is simply plugged into the wall) can provide all the capacity of a fiber line without all the installation work, the cost savings are massive. Of course, the data model for wireless will need to change for this to be successful (i.e. wireless will need to move towards an uncapped bandwidth model similar to FiOS, or most other "hardwired" internet services). Wireless is also the only hope for those outside of metro areas to get the connectivity speeds desired in this day and age as well. No company (VZ or otherwise) is going to spend billions upon billions to run fiber to areas where the customer base is not dense enough to support it. The old model worked well for copper when it was a national initiative (supported by the government as it was deemed critical to the nation for everyone to have a phone), but now that there is a competitive environment, companies will (as much as they can) pick and choose the markets.

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Post ID: @zbl+HqjJ7ix

They could accelerate FiOS buildouts and save money by using new technologies that bring the fiber only to the pole and runs over existing copper. It's already been done and at phenomenal speeds. We don't want their bogus Wi-Fi on the pole scam.

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Post ID: @que+HqjJ7ix

"Here's a novel idea...why not try and make some money w those wires"

Unfortunately, in the foreseeable future, the value of those copper wires is mostly in the $3/lb that copper brings at the recycler :-(

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Post ID: @uqk+HqjJ7ix

Here's a novel idea...why not try and make some money w those wires? Where I am the make PLENTY of money w them, and would never sell. Why not expand the fiber network, look for a profit on that 5 years from now, not 5 months from now. People want HSI, it's a necessity these days, wireless ain't gonna do it.

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Post ID: @zli+HqjJ7ix

This too

Its solid performance was based on a series of clever financial and business practices:

It shifted more customers from regulated wireline services to unregulated wireless services;

It periodically secured rate increases for the delivery of inferior wireless services;

It successfully failed to fulfill ostensible "promises" to upgrade its networks;

It successfully underpaid its taxes; and

It underpaid and outsourced its workforce.

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Post ID: @ody+HqjJ7ix

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