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Reply #11: Didn't Verizon spend a staggering amount buying up the rights [View All]

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Brucie Kibbutz Donating Member (704 posts) Send PM | Profile | Ignore Fri Jan-30-09 04:25 PM
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11. Didn't Verizon spend a staggering amount buying up the rights
to a large majority of the airwaves being auctioned off by the government last April? I believe they did. They spent over nine billion. Let them sell some of that if they need money.

"Verizon Communications Inc. Chief Executive Ivan Seidenberg said Friday that the $9.36 billion in total spectrum licenses won by the companys wireless unit, jointly owned with Vodafone Group, was nothing short of a transformative opportunity for our company.

http://articles.latimes.com/2008/apr/05/business/fi-auc...

The Obama administration will do some good things like closing Gitmo and reversing Bush's last minute executive orders, etc. but when it comes down to money, it's obvious the Wall Stret gangs are still calling the shots. This country is a fucking disgrace.
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