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Technology Stocks : WCOM

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To: Lizzie Tudor who wrote (10984)6/30/2002 11:33:39 PM
From: tejek   of 11568
 
Bonehead question for the telco people here - why make operating lease payments in advance of using the lines? Thats kindof contradictory to the terms of an operating lease is it not? Now if this was a finance lease,different story (of course no such thing as a finance lease on phone lines I know) but normally you pay as you go with operating leases

I am not an accountant but when you lease an office or industrial bldg. you pay for the upcoming month on the first, or a head of when the space is to be used. Isn't that the same principle in play with these telephone lines?

ted
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