kd6caeP2p Shouldn't Be A Crime
reply to AnonFTW
why did VZ deploy Fiber in the first place? When Verizon first deployed FIOS back in late 2004 I think it was, I was hopeful they would actually make the effort to at least try and deploy the new network across their entire landline service area. When it became clear for me around 2009 that Verizon had not and likely will not expand further than the lucky people that already had the service by then, I was disappointed in them. In the city I lived in when I almost had a shot at FIOS, I to this day only know of like 2 or 3 neighborhoods which can get it, all new houses of course. Was the whole point of deploying this network to tease people? To say Here this is what we can provide home users, if you want to move? Why not at least go the VDSL route if they truly just want to give up on Fiber in the rest of their service area? Either way though, I'm quite disappointed in what Verizon has decided to do. I can only hope that one day they will get some folks on board that realize how useful it is to invest in a future proof network. I in the meantime can only hope that LTE is decent
Santa Monica, CA
Verizon deployed Fiber because the FCC told them they would be mostly exempt from any line-sharing requirements, and thus, the potential for profit.
But the problem remains that consumers won't subscribe the product in numbers sufficient to be profitable, or pursue the "unupgraded" markets.
Meanwhile, cable and LTE, among other technologies, continue to evolve, becoming more viable and cost-effective, further driving the nail in the coffin on costly FTTH for low-density settings.
reply to kd6cae
Also, I think they planned to offer greater coverage than they did, but short sighted investors were too angry that Verizon actually wanted to spend the money to deploy it, even though it's a very good idea that makes them more money and saves maintenance costs in the long run.
Short sighted investors are why this country doesn't innovate the way it used to.
VZ has essentially deployed FiOS and spent money as it said it would almost a decade ago. I don't understand why people don't recognize that. I also won't understand why people don't acknowledge VZ's focus is on its LTE build right now. Wait until that is done and see where VZ's strategic plan takes the business next.
"Short sighted" money is such a minority (although vocal) part of the market. Big money (e.g., pension funds, large investment firms, etc.) generally invest for longer term...at least in solid/growing businesses. Big money wants solid growth and effective employment of capital; reinvestment and return to shareholders. And there's nothing wrong with any of that.
reply to kd6cae
said by kd6cae:The key thing to remember when searching for the "why" in corporate decision-making is, what is good for shareholders is often NOT good for customers. Like most other publicly traded companies, VZ is out to please its owners (shareholders) first, its key executives second, and (if there is any room left over) its customers.
When Verizon first deployed FIOS back in late 2004 I think it was, I was hopeful they would actually make the effort to at least try and deploy the new network across their entire landline service area.