Verizon at Barclays Conference Notes

posted in: Notes | 0

This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. The quotes are generally pieces of information that I find interesting or helpful to understanding the company, industry or economy and are not meant to provide summaries of the full content of the call. Other posts in this series can be found by clicking here. Full transcripts can be found at Seeking Alpha.

“we looked at this, we said, FiOS is only in 13 states, so we need to go more broadly with that, with Verizon Wireless and that’s where we came into the cable venture…we…said we need to partner with those cable companies because of this interaction between in and outside the home, as we grow and develop more solutions there that partnership is going to be more important”

“the biggest barrier to this seamless experience is the content rights; so most of the content rights are in the home, you can’t take them outside of the home or if you do take it outside of the home, its on a registration basis back to do you have a [subscription]”

“You can be the cheapest and you may get a quick win here, but if your network can’t support that it’s not a good product, people are just going to turn back off.”

“So you have to balance this equation but we watch it, and I think you are going to see some innovative pricing schemes come to the market place but that’s competition.”

“the penetration of smartphones is getting higher and higher every year. So that’s growth is going to significantly slow and we understand that.”

“So smartphones now as you see we had two operating systems now, you have Windows and Blackberry coming back into the marketplace. This is all good for the industry because what happens is the more competition you get in the space the more technology is advanced and the more competitive the prices become. So I think what you are going to see is over time the smartphone cost is going to come down, just by the nature of how the curve works and you can pretty much track it based on history”

“if you look at demographics, look, linear TV over the next 10 years, based on what I’ve seen, will continue to grow very slightly.

So linear TV model is not going to change, but if you look at demographics, 30 and below, they only want what they want and they have the ability to go get what they want and not pay anybody for that content.”

“I think the content providers are opening up saying, okay, well, maybe I should pay for the delivery and not the consumer.” [on the wireless network]