Jan 29, 2008 10:58 pm
Jan 29, 2008 10:58 pm
Jan 30, 2008 10:31 am
Thanks for the link, Robb.
As in previous quarters, Verizon's business continues to be driven by wireless and broadband segments, while traditional wireline telephony services decline. In the full year 2007, Verizon lost 8.1% of its access lines.
This statement seems a bit fuzzy to me...by "lost 8.1% of its access lines," I wonder if they're talking about obsolete copper lines being replaced with fiber-optic landlines. If so, I doubt that would be regarded as a bad thing by the company or investors....
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Looks like Verizon business model kicking the snot out of Comcast. Lower earnings are all but certain for Comcast as Verizon Q4 #'s come in strong!!
Now all I have to do is wait for the Verizon Hub :)
http://www.fool.com/investing/value/2008/01/29/