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Cellular Phone Forum / Providers / Verizon / July 2003$5.5B in revenue and we STILL got DEADZONES?
Next time a TS or your local office poormouths you about how we can't afford a site or repeater to fill in that dead zone your house is dead center of, think about this article on news.com that's gonna get the VZW folks all excited about who keep telling us VZW is NOT Verizon... http://news.com.com/2100-1039_3-5057517.html?tag=fd_top Now we got 1.3 million MORE customers sucking up the available channels! From the article..... "Verizon Wireless, its joint venture with Britain's Vodafone Group, posted $5.5 billion in revenue and added a record 1.3 million customers, including both wholesale and retail customers--more than any other wireless operator. It also posted an increase in service revenue per customer as well as a drastic improvement in customer turnover rates." Don't tell me we can't afford equipment any more.....$5.5B is more money than most countries HAVE! Notice how the revenue per customer keeps going up, but not the new towers.....dammit. Larry W4CSC "No, NO, Mr Spock! I said beam me down a WRENCH, not a WENCH! KIRK OUT!" which is why everybody that lives or has to be in a rural area, like Northern NY, needs a 3 W phone. Joe > Next time a TS or your local office poormouths you about how we can't > afford a site or repeater to fill in that dead zone your house is dead [quoted text clipped - 25 lines] > "No, NO, Mr Spock! I said beam me down a WRENCH, > not a WENCH! KIRK OUT!" The relative cost per tower also goes up. I agree that network scale (capacity) and scope (size) should both be more agressively bolstered; but, each extra tower reaches fewer people than the one before it and they AREN'T cheap. on the other hand... When I worked for VZW, they told us that they spend about 5B on their network yearly. I can't imagine where than money is going. It was nearly 3 years ago when I heard that number, and VZW has added maybe 6 towers here in the MPLS metro since then. Not too great for a 3.5 million person metro with shitty, shitty coverage to begin with...  SignatureRW "I've got the pistol, so I'll keep the pesos; yeah, that seems fair." nospam@home.com (Larry) wrote in article <3f272732.82119819@news.usenetserver.com>: > Next time a TS or your local office poormouths you about how we can't > afford a site or repeater to fill in that dead zone your house is dead [quoted text clipped - 25 lines] > "No, NO, Mr Spock! I said beam me down a WRENCH, > not a WENCH! KIRK OUT!" > Next time a TS or your local office poormouths you about how we can't > afford a site or repeater to fill in that dead zone your house is dead [quoted text clipped - 20 lines] > Notice how the revenue per customer keeps going up, but not the new > towers.....dammit. I know they can't go up fast enough for people who live or travel through dead zones but there are a ton being put up. Total amount of towers over past year or so has increased by around 4000 based on info I have heard at meetings over that span. Times that by a few hundred thousand bucks per tower. I get notifications every time a new one is turned on here in my area. Has been a dozen or so in past year within 30 miles of me and coverage was already good before that. KC > I get notifications every time a new one is turned on here in my >area. Has been a dozen or so in past year within 30 miles of me and >coverage was already good before that. Coverage has been great for me here in NE Ohio, in Southwest VA and in your home area of the Triad of NC. And when there's been any major dead spots...VZW eventually fills them in. Now, I may not be a crusty old man living on a boat in the middle of nowhere in South Carolina, but hey... ;) Mike Mike <inundated9@yahoo.com> wrote in article <jrkfivgbn9hi1cl2ksiojl9brf614439lb@4ax.com>: > Now, I may not be a crusty old man living on a boat in the middle of > nowhere in South Carolina, but hey... ;) > > Mike Best... reply... ever >Mike <inundated9@yahoo.com> wrote in article ><jrkfivgbn9hi1cl2ksiojl9brf614439lb@4ax.com>: [quoted text clipped - 5 lines] > >Best... reply... ever Thank you, Ryan! Let me guess...that's a parody of the dying words of the comic book store salesman in "The Simpsons". Mike How do you get a notification about new towers....I want tower notifications! > > Next time a TS or your local office poormouths you about how we can't > > afford a site or repeater to fill in that dead zone your house is dead [quoted text clipped - 30 lines] > > KC > How do you get a notification about new towers....I want tower > notifications! It helps to work for Verizon or an indirect agent - IIRC KC is an indirect. SignatureJustThe.net Internet & Multimedia Svcs. [The Fusion of Content & Connectivity] 22674 Motnocab Road * Apple Valley, CA 92307-1950 Steve Sobol, Proprietor 888.480.4NET (4638) * 248.724.4NET * sjsobol@JustThe.net > > How do you get a notification about new towers....I want tower > > notifications! > > It helps to work for Verizon or an indirect agent - IIRC KC is an indirect. Thats correct. I get a email notification the day a tower goes live in my market. KC nospam@home.com (Larry) wrote in article <3f272732.82119819@news.usenetserver.com>: > Next time a TS or your local office poormouths you about how we can't > afford a site or repeater to fill in that dead zone your house is dead > center of, think about this article on news.com that's gonna get the > VZW folks all excited about who keep telling us VZW is NOT Verizon... Verizon Communications is a set that includes 55% of Verizon Wireless. VZ <> VZW , but they are related. > Don't tell me we can't afford equipment any more.....$5.5B is more > money than most countries HAVE! > > Notice how the revenue per customer keeps going up, but not the new > towers.....dammit. Revenue does not equal profit. Sure, VZW collected $5.477 billion from it's 34.6 million customers. ($5.011m for service and $466k for equipment). But it COST $4.496 billion in operating expenses to do that. That leaves $981 million as operating income for the quarter. According to the 2Q03 release, there were $989 million in capital expenses for wireless. Which means they spent MORE than they made in operating income on capital projects! Get the full picture, Larry. There is more to this than the headline figures you quoted. JL |
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