Explain why verizon has always had higher debt

Reference no: EM1334377

Please explain the internet statement "Verizon has always had higher debt than some of its peers. There was some discussion about this inside the industry a few years ago when they were deploying their IPTV services (FiOS). Their technology was more expensive than AT&T's, which required more up-front capital to put fiber in the ground, add switches, routers, and video equipment".

Reference no: EM1334377

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