I can not understand the leadership at Verizon. They seem to always do the opposite of what they should do.
For example, when the iPhone first came out, Verizon turned Apple down and lost quite a few subscribers to ATT. I wonder if the executive that made that decision kept his job?
Red Box deal
Intel TV assets
and now AOL
There never appears to be a coherent thought process. The layoff thousands 3 weeks ago, going to lay off a lot more on May 22nd, yet there is money to waste on AOL. Funny thing is, I will probably be laid off after this year's contract negotiations are over, but my son will start working for Vz in June.
I bet they bag Wireline with the load debt so that Wireless books look great.