Some Stock Jocks Still Really, Really Want FiOS To Fail
Sanford Bernstein: Building New Networks 'A Losing Proposition' (Broadband Reports)
I've never seen anyone publically present numbers that would give a good sense of what FiOS' actual or potential IRR to Verizon might be. Its really not a straightforward issue, since the numbers can be viewed from different perspectives, and it probably engenders considerable debate both within the company and externally. Also, the Telcos have traditionally relied on strict historical P&L accounting while the cable industry focused more on cash flow, another factor that
might have an impact upon how you look at things.
Broadband Caps: Maybe It’s Not Just About TV (Gigaom)