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by potatosareok
3920 days ago
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I don't understand why they would want to. Cell phone carriers aren't high profit business and has a ton of employees. Verizon has 180k employees and has net income of I see around 5billion profit on around 100 billion in income last year. Verizon FiOS pretty much got last Verizon CEO fired. Google margins are way higher and Verizon employees more call center reps then all of Google in total. From my understanding Google fiber is basically cheap dark fiber they got with some great regulatory concessions. My view of it is Google spends enough just to prompt others to take actions (see their involvement in specturm bidding). Though my post might come off as judgemental, I'm not judging Google - that's merely good business for them to do. Wireless companies themselves are hardly examples of efficiency. |
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