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 ·Comcast
| It about profit Verizon must be laughing on the way to the bank.
There is many hint that FIOS would be technological marvel but a business and deployment disaster. The elephant in the room Broadband Reports is ignoring is why did Verizon had a fire sale and sold it assets to Frontier after spending so much to deploy FTTH in the first place. The problem is nobody has yet figure how to deploy FTTH cheap enough to make it profitable and convince a majority of residents its a product we want to buy. |
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Sammer
join:2005-12-22
Canonsburg, PA | said by Scatcatpdx:The elephant in the room Broadband Reports is ignoring is why did Verizon had a fire sale and sold it assets to Frontier after spending so much to deploy FTTH in the first place. The problem is nobody has yet figure how to deploy FTTH cheap enough to make it profitable and convince a majority of residents its a product we want to buy.
You do realize that Verizon sold 4.8 million mostly rural landlines to Frontier and only about 100,000 of them were FiOS customers. Verizon is profitable, has kept most of its FiOS areas and without them it might as well get out of the landline business altogether. FiOS already makes up about 50% of all Verizon consumer wireline revenues and the more mature FiOS areas are already at 35 to 40+% penetration. IMHO Verizon never expected or considers it necessary from a revenue perspective to exceed 50% FiOS penetration. |
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