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  1. #1
    Mark F
    Guest
    After one month of push-to-talk competition between Verizon Wireless and
    market incumbent Nextel Communications, Verizon is insistent it has made
    strong inroads—even as critics lambaste the service quality of the
    company's application.

    Denny Strigl, president and CEO of Verizon Wireless, said last week that
    the company's push-to-talk service is selling ahead of expectations.
    Dick Lynch, chief technical officer, said the carrier already has
    ordered more Motorola V60p push-to-talk enabled phones based on the
    application's early success. Verizon plans to make a second push-to-talk
    handset available before Christmas, Lynch said.

    At the same time, however, analysts and users who have tried Verizon's
    push-to-talk offering maintain that they are not impressed with it, due
    in large part to call set-up and intra-call latency problems. Those
    critics claim Verizon's service lags behind the less-than-one-second
    standard that has been Nextel's mantra the past 10 years.

    Read the whole story here:

    http://telephonyonline.com/microsite...eid=7&siteid=3

    --
    Mark

    [posted via phonescoop.com]



    See More: Industry Blasts Verizon PTT




  2. #2
    Scott Stephenson
    Guest

    Re: Industry Blasts Verizon PTT

    Mark F wrote:
    > After one month of push-to-talk competition between Verizon Wireless and
    > market incumbent Nextel Communications, Verizon is insistent it has made
    > strong inroads—even as critics lambaste the service quality of the
    > company's application.
    >
    > Denny Strigl, president and CEO of Verizon Wireless, said last week that
    > the company's push-to-talk service is selling ahead of expectations.
    > Dick Lynch, chief technical officer, said the carrier already has
    > ordered more Motorola V60p push-to-talk enabled phones based on the
    > application's early success. Verizon plans to make a second push-to-talk
    > handset available before Christmas, Lynch said.
    >
    > At the same time, however, analysts and users who have tried Verizon's
    > push-to-talk offering maintain that they are not impressed with it, due
    > in large part to call set-up and intra-call latency problems. Those
    > critics claim Verizon's service lags behind the less-than-one-second
    > standard that has been Nextel's mantra the past 10 years.
    >
    > Read the whole story here:
    >
    > http://telephonyonline.com/microsite...eid=7&siteid=3
    >


    Wow- interesting news day. Verizon gets panned on their PTT (that had
    to hurt), Sprint announces $1 billion 'restructuring' with the potential
    of up to 10,000 layoffs (can we ***** t-r-o-u-b-l-e boys and girls?),
    and all Nextel could announce was the retirement of $1 billion in high
    interest bonds. So the score for the day is-
    Verizon- bad news
    PCS- worse news
    Nextel- really good news

    I especially liked the part of the article (not posted) that talked
    about Verizon's plan to push 3 or 4 fixes over the next couple of years
    to address the latency issue. They say that each fix will reduce the
    latency by milliseconds (no kidding). Is the hope to make a really long
    connect time just long?




  3. #3
    Scott Stephenson
    Guest

    Re: Industry Blasts Verizon PTT

    Mark F wrote:
    > After one month of push-to-talk competition between Verizon Wireless and
    > market incumbent Nextel Communications, Verizon is insistent it has made
    > strong inroads—even as critics lambaste the service quality of the
    > company's application.
    >
    > Denny Strigl, president and CEO of Verizon Wireless, said last week that
    > the company's push-to-talk service is selling ahead of expectations.
    > Dick Lynch, chief technical officer, said the carrier already has
    > ordered more Motorola V60p push-to-talk enabled phones based on the
    > application's early success. Verizon plans to make a second push-to-talk
    > handset available before Christmas, Lynch said.
    >
    > At the same time, however, analysts and users who have tried Verizon's
    > push-to-talk offering maintain that they are not impressed with it, due
    > in large part to call set-up and intra-call latency problems. Those
    > critics claim Verizon's service lags behind the less-than-one-second
    > standard that has been Nextel's mantra the past 10 years.
    >
    > Read the whole story here:
    >
    > http://telephonyonline.com/microsite...eid=7&siteid=3
    >


    Wow- interesting news day. Verizon gets panned on their PTT (that had
    to hurt), Sprint announces $1 billion 'restructuring' with the potential
    of up to 10,000 layoffs (can we ***** t-r-o-u-b-l-e boys and girls?),
    and all Nextel could announce was the retirement of $1 billion in high
    interest bonds. So the score for the day is-
    Verizon- bad news
    PCS- worse news
    Nextel- really good news

    I especially liked the part of the article (not posted) that talked
    about Verizon's plan to push 3 or 4 fixes over the next couple of years
    to address the latency issue. They say that each fix will reduce the
    latency by milliseconds (no kidding). Is the hope to make a really long
    connect time just long?




  4. #4
    surtin
    Guest

    Re: Industry Blasts Verizon PTT

    On 2003-09-19, Mark F wrote:
    > After one month of push-to-talk competition between Verizon Wireless and
    > market incumbent Nextel Communications, Verizon is insistent it has made
    > strong inroads—even as critics lambaste the service quality of the
    > company's application.


    Of course they did, how often to people actually read the reports that the
    critics write? The ones who do are usually skeptical and want to see for
    themselves and end up in a 2 year contract.

    >
    > Denny Strigl, president and CEO of Verizon Wireless, said last week that
    > the company's push-to-talk service is selling ahead of expectations.


    Perhaps that's because the people who are using Verizon's are either current
    Verizon customers or people who don't know that it's more like
    Push-To-Wait---Along-Time.

    > Dick Lynch, chief technical officer, said the carrier already has
    > ordered more Motorola V60p push-to-talk enabled phones based on the
    > application's early success. Verizon plans to make a second push-to-talk
    > handset available before Christmas, Lynch said.


    I wonder if Fisher Price makes handsets, 'cause I imagine that's who's going
    to make 'em for VZW.

    > At the same time, however, analysts and users who have tried Verizon's
    > push-to-talk offering maintain that they are not impressed with it,


    Why would they be impressed with something that doesn't even work in the
    commercials?

    > Those critics claim Verizon's service lags behind the less-than-one-second
    > standard that has been Nextel's mantra the past 10 years.


    Gotta love that less-than-one-second deal. Of course who knows what VZW will
    do with their PTT offering in the next 10 years. True they didn't work as hard
    as Nextel, but they pretty much have the man power and being linked to a baby
    bell gives them quite the advantage over Nextel coverage wise. One thing I do
    hope that comes out of this is that Nextel becomes more competitive with their
    pricing, that'll definitely push them ahead of the pack to really compete with
    VZW.


    --
    ..-surtin-. | Forgive your enemies, but don't forget their names.
    -o) | -- John F. Kennedy
    /\ |
    _\_v |



  5. #5
    surtin
    Guest

    Re: Industry Blasts Verizon PTT

    On 2003-09-19, Mark F wrote:
    > After one month of push-to-talk competition between Verizon Wireless and
    > market incumbent Nextel Communications, Verizon is insistent it has made
    > strong inroads—even as critics lambaste the service quality of the
    > company's application.


    Of course they did, how often to people actually read the reports that the
    critics write? The ones who do are usually skeptical and want to see for
    themselves and end up in a 2 year contract.

    >
    > Denny Strigl, president and CEO of Verizon Wireless, said last week that
    > the company's push-to-talk service is selling ahead of expectations.


    Perhaps that's because the people who are using Verizon's are either current
    Verizon customers or people who don't know that it's more like
    Push-To-Wait---Along-Time.

    > Dick Lynch, chief technical officer, said the carrier already has
    > ordered more Motorola V60p push-to-talk enabled phones based on the
    > application's early success. Verizon plans to make a second push-to-talk
    > handset available before Christmas, Lynch said.


    I wonder if Fisher Price makes handsets, 'cause I imagine that's who's going
    to make 'em for VZW.

    > At the same time, however, analysts and users who have tried Verizon's
    > push-to-talk offering maintain that they are not impressed with it,


    Why would they be impressed with something that doesn't even work in the
    commercials?

    > Those critics claim Verizon's service lags behind the less-than-one-second
    > standard that has been Nextel's mantra the past 10 years.


    Gotta love that less-than-one-second deal. Of course who knows what VZW will
    do with their PTT offering in the next 10 years. True they didn't work as hard
    as Nextel, but they pretty much have the man power and being linked to a baby
    bell gives them quite the advantage over Nextel coverage wise. One thing I do
    hope that comes out of this is that Nextel becomes more competitive with their
    pricing, that'll definitely push them ahead of the pack to really compete with
    VZW.


    --
    ..-surtin-. | Forgive your enemies, but don't forget their names.
    -o) | -- John F. Kennedy
    /\ |
    _\_v |



  6. #6
    P Howard
    Guest

    Re: Industry Blasts Verizon PTT

    As it would seem that many folks on both sides of this discussion bring
    up some good points, I wanted to have my own PTT experience to speak
    of... so I stopped by my local VZW store where I originally signed up
    for service. When I asked about the product, the salesperson informed
    me that it was a PTT product that worked on the largest and best
    performing national network. When I asked about the delay, he mentioned
    there was one but as part of their return policy, if I'd like to try it
    for 15 days I could bring it back with no hassles. He mentioned that
    while a few were returned, it was selling like crazy and the returns
    often didn't have to do with the delay. I did notice three other people
    in there buying Motorola V60p's and there wasn't anybody in the customer
    service section returning phones. So... while we here may see all the
    reports of the delay and whatnot, the average consumer doesn't read
    trade magazines or know about phonescoop or usenet. And hell, I would
    have probably tried it too had I not wanted to spend money on a new
    phone when my current one works fine...

    just my 2c...

    --
    Verizon customer/ formerly Cingular user/ formerly Sprint PCS user


    surtin <[email protected]> wrote in article
    <[email protected]>:
    > On 2003-09-19, Mark F wrote:
    > > After one month of push-to-talk competition between Verizon Wireless and
    > > market incumbent Nextel Communications, Verizon is insistent it has made
    > > strong inroads—even as critics lambaste the service quality of the
    > > company's application.

    >
    > Of course they did, how often to people actually read the reports that the
    > critics write? The ones who do are usually skeptical and want to see for
    > themselves and end up in a 2 year contract.
    >
    > >
    > > Denny Strigl, president and CEO of Verizon Wireless, said last week that
    > > the company's push-to-talk service is selling ahead of expectations.

    >
    > Perhaps that's because the people who are using Verizon's are either current
    > Verizon customers or people who don't know that it's more like
    > Push-To-Wait---Along-Time.
    >
    > > Dick Lynch, chief technical officer, said the carrier already has
    > > ordered more Motorola V60p push-to-talk enabled phones based on the
    > > application's early success. Verizon plans to make a second push-to-talk
    > > handset available before Christmas, Lynch said.

    >
    > I wonder if Fisher Price makes handsets, 'cause I imagine that's who's going
    > to make 'em for VZW.
    >
    > > At the same time, however, analysts and users who have tried Verizon's
    > > push-to-talk offering maintain that they are not impressed with it,

    >
    > Why would they be impressed with something that doesn't even work in the
    > commercials?
    >
    > > Those critics claim Verizon's service lags behind the less-than-one-second
    > > standard that has been Nextel's mantra the past 10 years.

    >
    > Gotta love that less-than-one-second deal. Of course who knows what VZW will
    > do with their PTT offering in the next 10 years. True they didn't work as hard
    > as Nextel, but they pretty much have the man power and being linked to a baby
    > bell gives them quite the advantage over Nextel coverage wise. One thing I do
    > hope that comes out of this is that Nextel becomes more competitive with their
    > pricing, that'll definitely push them ahead of the pack to really compete with
    > VZW.
    >
    >
    > --
    > ..-surtin-. | Forgive your enemies, but don't forget their names.
    > -o) | -- John F. Kennedy
    > /\ |
    > _\_v |


    [posted via phonescoop.com]



  7. #7
    P Howard
    Guest

    Re: Industry Blasts Verizon PTT

    As it would seem that many folks on both sides of this discussion bring
    up some good points, I wanted to have my own PTT experience to speak
    of... so I stopped by my local VZW store where I originally signed up
    for service. When I asked about the product, the salesperson informed
    me that it was a PTT product that worked on the largest and best
    performing national network. When I asked about the delay, he mentioned
    there was one but as part of their return policy, if I'd like to try it
    for 15 days I could bring it back with no hassles. He mentioned that
    while a few were returned, it was selling like crazy and the returns
    often didn't have to do with the delay. I did notice three other people
    in there buying Motorola V60p's and there wasn't anybody in the customer
    service section returning phones. So... while we here may see all the
    reports of the delay and whatnot, the average consumer doesn't read
    trade magazines or know about phonescoop or usenet. And hell, I would
    have probably tried it too had I not wanted to spend money on a new
    phone when my current one works fine...

    just my 2c...

    --
    Verizon customer/ formerly Cingular user/ formerly Sprint PCS user


    surtin <[email protected]> wrote in article
    <[email protected]>:
    > On 2003-09-19, Mark F wrote:
    > > After one month of push-to-talk competition between Verizon Wireless and
    > > market incumbent Nextel Communications, Verizon is insistent it has made
    > > strong inroads—even as critics lambaste the service quality of the
    > > company's application.

    >
    > Of course they did, how often to people actually read the reports that the
    > critics write? The ones who do are usually skeptical and want to see for
    > themselves and end up in a 2 year contract.
    >
    > >
    > > Denny Strigl, president and CEO of Verizon Wireless, said last week that
    > > the company's push-to-talk service is selling ahead of expectations.

    >
    > Perhaps that's because the people who are using Verizon's are either current
    > Verizon customers or people who don't know that it's more like
    > Push-To-Wait---Along-Time.
    >
    > > Dick Lynch, chief technical officer, said the carrier already has
    > > ordered more Motorola V60p push-to-talk enabled phones based on the
    > > application's early success. Verizon plans to make a second push-to-talk
    > > handset available before Christmas, Lynch said.

    >
    > I wonder if Fisher Price makes handsets, 'cause I imagine that's who's going
    > to make 'em for VZW.
    >
    > > At the same time, however, analysts and users who have tried Verizon's
    > > push-to-talk offering maintain that they are not impressed with it,

    >
    > Why would they be impressed with something that doesn't even work in the
    > commercials?
    >
    > > Those critics claim Verizon's service lags behind the less-than-one-second
    > > standard that has been Nextel's mantra the past 10 years.

    >
    > Gotta love that less-than-one-second deal. Of course who knows what VZW will
    > do with their PTT offering in the next 10 years. True they didn't work as hard
    > as Nextel, but they pretty much have the man power and being linked to a baby
    > bell gives them quite the advantage over Nextel coverage wise. One thing I do
    > hope that comes out of this is that Nextel becomes more competitive with their
    > pricing, that'll definitely push them ahead of the pack to really compete with
    > VZW.
    >
    >
    > --
    > ..-surtin-. | Forgive your enemies, but don't forget their names.
    > -o) | -- John F. Kennedy
    > /\ |
    > _\_v |


    [posted via phonescoop.com]



  8. #8
    P Howard
    Guest

    Re: Industry Blasts Verizon PTT

    Nextel's issuing debt bonds is not necessarily good news. They are
    using the equity market to raise funds that their quarter over quarter
    cash flow could not produce. They will have to pay millions in
    administation fees to the underwriter and millions more over time in
    interest payments. I believe I read that the bonds mature in 2011...
    that's a long time for the interest to compound, especially on a 7.00+%
    senior note.

    I certainly agree though that Sprint PCS' decision to cut costs by over
    a billion dollars could have a huge negative impact on their workforce.

    As far as VZW... if they trim the latency, that will provide more and
    better competition within the marketplace, resulting in better products
    for us consumers, and probably better pricing, too. So I'm for it...
    let's see how long it takes to occur.

    --
    Verizon customer/ formerly Cingular user/ formerly Sprint PCS user


    Scott Stephenson <[email protected]> wrote in article
    <[email protected]>:
    > Mark F wrote:
    > > After one month of push-to-talk competition between Verizon Wireless and
    > > market incumbent Nextel Communications, Verizon is insistent it has made
    > > strong inroads—even as critics lambaste the service quality of the
    > > company's application.
    > >
    > > Denny Strigl, president and CEO of Verizon Wireless, said last week that
    > > the company's push-to-talk service is selling ahead of expectations.
    > > Dick Lynch, chief technical officer, said the carrier already has
    > > ordered more Motorola V60p push-to-talk enabled phones based on the
    > > application's early success. Verizon plans to make a second push-to-talk
    > > handset available before Christmas, Lynch said.
    > >
    > > At the same time, however, analysts and users who have tried Verizon's
    > > push-to-talk offering maintain that they are not impressed with it, due
    > > in large part to call set-up and intra-call latency problems. Those
    > > critics claim Verizon's service lags behind the less-than-one-second
    > > standard that has been Nextel's mantra the past 10 years.
    > >
    > > Read the whole story here:
    > >
    > > http://telephonyonline.com/microsite...eid=7&siteid=3
    > >

    >
    > Wow- interesting news day. Verizon gets panned on their PTT (that had
    > to hurt), Sprint announces $1 billion 'restructuring' with the potential
    > of up to 10,000 layoffs (can we ***** t-r-o-u-b-l-e boys and girls?),
    > and all Nextel could announce was the retirement of $1 billion in high
    > interest bonds. So the score for the day is-
    > Verizon- bad news
    > PCS- worse news
    > Nextel- really good news
    >
    > I especially liked the part of the article (not posted) that talked
    > about Verizon's plan to push 3 or 4 fixes over the next couple of years
    > to address the latency issue. They say that each fix will reduce the
    > latency by milliseconds (no kidding). Is the hope to make a really long
    > connect time just long?
    >


    [posted via phonescoop.com]



  9. #9
    P Howard
    Guest

    Re: Industry Blasts Verizon PTT

    Nextel's issuing debt bonds is not necessarily good news. They are
    using the equity market to raise funds that their quarter over quarter
    cash flow could not produce. They will have to pay millions in
    administation fees to the underwriter and millions more over time in
    interest payments. I believe I read that the bonds mature in 2011...
    that's a long time for the interest to compound, especially on a 7.00+%
    senior note.

    I certainly agree though that Sprint PCS' decision to cut costs by over
    a billion dollars could have a huge negative impact on their workforce.

    As far as VZW... if they trim the latency, that will provide more and
    better competition within the marketplace, resulting in better products
    for us consumers, and probably better pricing, too. So I'm for it...
    let's see how long it takes to occur.

    --
    Verizon customer/ formerly Cingular user/ formerly Sprint PCS user


    Scott Stephenson <[email protected]> wrote in article
    <[email protected]>:
    > Mark F wrote:
    > > After one month of push-to-talk competition between Verizon Wireless and
    > > market incumbent Nextel Communications, Verizon is insistent it has made
    > > strong inroads—even as critics lambaste the service quality of the
    > > company's application.
    > >
    > > Denny Strigl, president and CEO of Verizon Wireless, said last week that
    > > the company's push-to-talk service is selling ahead of expectations.
    > > Dick Lynch, chief technical officer, said the carrier already has
    > > ordered more Motorola V60p push-to-talk enabled phones based on the
    > > application's early success. Verizon plans to make a second push-to-talk
    > > handset available before Christmas, Lynch said.
    > >
    > > At the same time, however, analysts and users who have tried Verizon's
    > > push-to-talk offering maintain that they are not impressed with it, due
    > > in large part to call set-up and intra-call latency problems. Those
    > > critics claim Verizon's service lags behind the less-than-one-second
    > > standard that has been Nextel's mantra the past 10 years.
    > >
    > > Read the whole story here:
    > >
    > > http://telephonyonline.com/microsite...eid=7&siteid=3
    > >

    >
    > Wow- interesting news day. Verizon gets panned on their PTT (that had
    > to hurt), Sprint announces $1 billion 'restructuring' with the potential
    > of up to 10,000 layoffs (can we ***** t-r-o-u-b-l-e boys and girls?),
    > and all Nextel could announce was the retirement of $1 billion in high
    > interest bonds. So the score for the day is-
    > Verizon- bad news
    > PCS- worse news
    > Nextel- really good news
    >
    > I especially liked the part of the article (not posted) that talked
    > about Verizon's plan to push 3 or 4 fixes over the next couple of years
    > to address the latency issue. They say that each fix will reduce the
    > latency by milliseconds (no kidding). Is the hope to make a really long
    > connect time just long?
    >


    [posted via phonescoop.com]



  10. #10
    Isaiah Beard
    Guest

    Re: Industry Blasts Verizon PTT

    Scott Stephenson wrote:


    >
    > Wow- interesting news day. Verizon gets panned on their PTT (that had
    > to hurt),


    It's negativity fueled by people's personal alliances. Verizon isn't
    one to continue pushing something if it's clearly a flop. And frankly,
    the fact that Nextel NEEDS to push the latency thing in their ads is an
    indication to me that they're scared, and that they are feeling an
    impact from Verizon PTT. If it truly wasn't a threat to them, they
    wouldn't give Verizon's PTT offering the time of day in their ads, or in
    their statements to the press.


    > Sprint announces $1 billion 'restructuring' with the potential
    > of up to 10,000 layoffs (can we ***** t-r-o-u-b-l-e boys and girls?),


    Layoffs were never once mentioned in the press release, much less was a
    number given.


    > and all Nextel could announce was the retirement of $1 billion in high
    > interest bonds.


    Well, guess you're not short-selling Nextel stock today, huh?





  11. #11
    Isaiah Beard
    Guest

    Re: Industry Blasts Verizon PTT

    Scott Stephenson wrote:


    >
    > Wow- interesting news day. Verizon gets panned on their PTT (that had
    > to hurt),


    It's negativity fueled by people's personal alliances. Verizon isn't
    one to continue pushing something if it's clearly a flop. And frankly,
    the fact that Nextel NEEDS to push the latency thing in their ads is an
    indication to me that they're scared, and that they are feeling an
    impact from Verizon PTT. If it truly wasn't a threat to them, they
    wouldn't give Verizon's PTT offering the time of day in their ads, or in
    their statements to the press.


    > Sprint announces $1 billion 'restructuring' with the potential
    > of up to 10,000 layoffs (can we ***** t-r-o-u-b-l-e boys and girls?),


    Layoffs were never once mentioned in the press release, much less was a
    number given.


    > and all Nextel could announce was the retirement of $1 billion in high
    > interest bonds.


    Well, guess you're not short-selling Nextel stock today, huh?





  12. #12
    Ben Skversky
    Guest

    Re: Industry Blasts Verizon PTT

    Nextel scared??? Give me a break. I was in a Nextel store today. There were
    three sales people in there & the store was mobbed. When I went in, the
    clerk said there would be a twenty minute wait. Nextel is thriving.


    "Isaiah Beard" <[email protected]> wrote in message
    news:[email protected]...
    > Scott Stephenson wrote:
    >
    >
    > >
    > > Wow- interesting news day. Verizon gets panned on their PTT (that had
    > > to hurt),

    >
    > It's negativity fueled by people's personal alliances. Verizon isn't
    > one to continue pushing something if it's clearly a flop. And frankly,
    > the fact that Nextel NEEDS to push the latency thing in their ads is an
    > indication to me that they're scared, and that they are feeling an
    > impact from Verizon PTT. If it truly wasn't a threat to them, they
    > wouldn't give Verizon's PTT offering the time of day in their ads, or in
    > their statements to the press.
    >
    >
    > > Sprint announces $1 billion 'restructuring' with the potential
    > > of up to 10,000 layoffs (can we ***** t-r-o-u-b-l-e boys and girls?),

    >
    > Layoffs were never once mentioned in the press release, much less was a
    > number given.
    >
    >
    > > and all Nextel could announce was the retirement of $1 billion in high
    > > interest bonds.

    >
    > Well, guess you're not short-selling Nextel stock today, huh?
    >
    >






  13. #13
    Ben Skversky
    Guest

    Re: Industry Blasts Verizon PTT

    Nextel scared??? Give me a break. I was in a Nextel store today. There were
    three sales people in there & the store was mobbed. When I went in, the
    clerk said there would be a twenty minute wait. Nextel is thriving.


    "Isaiah Beard" <[email protected]> wrote in message
    news:[email protected]...
    > Scott Stephenson wrote:
    >
    >
    > >
    > > Wow- interesting news day. Verizon gets panned on their PTT (that had
    > > to hurt),

    >
    > It's negativity fueled by people's personal alliances. Verizon isn't
    > one to continue pushing something if it's clearly a flop. And frankly,
    > the fact that Nextel NEEDS to push the latency thing in their ads is an
    > indication to me that they're scared, and that they are feeling an
    > impact from Verizon PTT. If it truly wasn't a threat to them, they
    > wouldn't give Verizon's PTT offering the time of day in their ads, or in
    > their statements to the press.
    >
    >
    > > Sprint announces $1 billion 'restructuring' with the potential
    > > of up to 10,000 layoffs (can we ***** t-r-o-u-b-l-e boys and girls?),

    >
    > Layoffs were never once mentioned in the press release, much less was a
    > number given.
    >
    >
    > > and all Nextel could announce was the retirement of $1 billion in high
    > > interest bonds.

    >
    > Well, guess you're not short-selling Nextel stock today, huh?
    >
    >






  14. #14

    Re: Industry Blasts Verizon PTT

    On Fri, 19 Sep 2003 01:12:53 GMT, Scott Stephenson
    <[email protected]> wrote:

    >Wow- interesting news day. Verizon gets panned on their PTT (that had
    >to hurt), Sprint announces $1 billion 'restructuring' with the potential
    >of up to 10,000 layoffs


    Due to outsourcing it could be 3-5k. AT&T Wireless has already
    outsourced, but I don't see any handwringing about them...



  15. #15

    Re: Industry Blasts Verizon PTT

    On Fri, 19 Sep 2003 01:12:53 GMT, Scott Stephenson
    <[email protected]> wrote:

    >Wow- interesting news day. Verizon gets panned on their PTT (that had
    >to hurt), Sprint announces $1 billion 'restructuring' with the potential
    >of up to 10,000 layoffs


    Due to outsourcing it could be 3-5k. AT&T Wireless has already
    outsourced, but I don't see any handwringing about them...



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