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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (220740)	2/24/2007 10:47:10 AM
From: Elroy	Read Replies (3) \| Respond to of 281500

I know all the major US telecom companies have much more debt than cash. I listed VZ, and in the US they all look like that, just in smaller amounts depending on the size of the phone company. T-Q-WIN-EQ-AT-S you name it. So, when I said all the worldwide telcos have significantly more debt than cash and you said "no they don't", did you have any basis to say that, or perhaps you don't know any balance sheets of any phone companies? I really don't know why you said that, because my knowledge says every big telecom company on the planet is going to have loads of debt, and little cash, on its balance sheet.