Yep, we even have fiber from the CO to a box at the entrance to our neighborhood (then copper to the homes).
Yet the fastest DSL I can buy is 6MBps down, which coupled with a basic POTS package (only extras are caller ID & call waiting) costs nearly $100/month.
said by WhatNow:Uverse configured like it is today will not make it in the future if somebody can offer much better speeds at the same or lower cost.