I guess the real term should have been "earnings dilution", earnings divided by twice as many shares. More shares are coming into the market for CCBL, beyond the stock split. Read the latest SEC federal filings.
I found this CCBL related text on a Last Mile thread post:
...AT&T, having spent over $100 billion to acquire cable television companies Tele-Communications and MediaOne, is only too mindful of getting the fiber closer to the subscriber in order to deliver a richer set of voice, data and video services than those currently supported by the hybrid fiber coax network. AT&T's LightWire system, which is currently being piloted in the Salt Lake City area, extends the fiber closer to subscribers. According to AT&T, it supports all current services (video, data, telephony) and provides an envolution path to very aggressive bandwidth. LightWire, the company claims, expands the total bandwidth of the coax plant to 1 GHz, triples the upstream bandwidth and, over time, will increase upstream bandwidth by a factor of 10. Additionally, it improves network reliability, reduces the number of active components in the network by 60 percent?consequently cutting power consumption in half?and supports all industry standards while future proofing the network for emerging service demand...snip.
here is the link to the entire article:
Message 12220542
Jim |
