said by biochemistry:I thought verizon was a separate company from verizon wireless. If so, why would the wireline verizon want to stop expanding?
FiOS expansion is on a hiatus. Everyone continues taking management's words of "we aren't expanding FiOS now" to mean the company is never expanding its FTTH plant ever again. Give it time and I bet we'll see FiOS expanding in the next 3-5 years.
I
responded to CMX_Splicer's similar question. regarding Verzion and Cellco Partnership.
Cellco Partnership (d.b.a. Verizon Wireless) is a majority owned subsidiary of VZ. As a holding company, VZ consolidates Cellco's financial accounting with its own. Money flows both ways.