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Verizon Snaps Up SureWest Assets

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PEZ

May 10, 2008, 8:10 AM
Verizon hasnt even figured out how they are going to pay for the auction they just won. Thats no easy scratch right there either.
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fracturedpsyche

May 10, 2008, 9:13 AM
they'll pay for the auction by selling services that use those frequencies...it'll pay for itself pretty quickly. in the 700 Mghz band, you can blast broadband into a fallout bunker! business's espcially will line up to have access t that, as well as cosumers
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sangyup81

May 10, 2008, 11:37 AM
On top of that, their total revenue is really high. They'll have no problems getting loans.
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VZWDan09

May 11, 2008, 9:10 PM
Plus didn't the 7 Billion that VZW paid for the spectrum have to be paid before April 23rd? I may be wrong but I think I remember this site posting that. If they hadn't been able to pay I am sure we would have heard about it long ago.
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wonderwall

May 13, 2008, 1:39 PM
Some people are just plain haters but the truth always comes out when you are the best.
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Lacey

May 10, 2008, 1:59 PM
Is there any evidence Verizon didn't have a plan to pay for the auction? As mentioned its a profitable company with assets to make a loan probable. It's also owned by two strong parent companies. This purchase doesn't exactly diminish it's oeverall value either.
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urnamehere

May 10, 2008, 6:02 PM
they've already stated that they (Verizon) were going to sell off stock to pay for the new spectrum. Besides, after paying close to $10 BILLION, $69 million is a drop in the bucket. hell they could just ask Lowell for a loan from his personal bank account.
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Butthead007

May 10, 2008, 6:44 PM
Don't mistake the Wireless division for the landline division. The wireless division is highly profitable.
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wonderwall

May 13, 2008, 1:42 PM
This is Verizon wireless revenue not Tmobile. Nickles and dimes
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