Next Verizon CEO Talks FiOS Expansion Aiming for 20 Million, Waiting on Housing Reversal Chief Operating Officer Lowell McAdam will replace current Verizon CEO Ivan Seidenberg sometime before the end of this year. Seidenberg was a fairly fierce believer in the company's FiOS fiber to the home effort, expansion of which is currently on hold as Verizon waits for a full economic recovery, and tries to nab a bigger slice of the USF pie. About 40% of the Verizon network still needs to be upgraded, and McAdam will be the man to dictate when and how that happens. Speaking to the Tampa Tribune, McAdam notes the company is still closely watching the housing slump: Q: For a few years, Verizon was building FiOS as quickly as humanly possible and has put the brakes on that.
A: What you saw was a big push to get scale. We are at 15 million (homes passed), moving to 16 now. As you get greater penetration, you open up more areas. The ceiling for us is around 20 million. We'll be there in the next couple years.
Florida was hit very hard by the housing slump. You don't want to (connect more neighborhoods and) strand more capital investment until you believe the economy is starting to turn. You might recall Verizon had taken some serious heat in their Tampa market the last few years for billing and support problems, going so far as to offer users their own " personal account manager" (PAM) whose job is to help users break through barriers in resolving support issues. McAdam addresses those problems, admitting the company was "so focused on building FiOS" they "neglected the core plant," but that they've solved those problems. In West Virginia, they solved those problems by selling that neglected plant (and the angry union workers and regulatory problems) to Frontier Communications.
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 guppy_fishPremium
join:2003-12-09
Lakeland, FL
kudos:1 Reviews:
 ·Verizon FiOS
| Guess we will never see more FIOS then Waiting for a housing reversal will take a generation, if ever. The "America Dream" to own a house was nothing more than a scam started in the 1930's to increase consumerism and consumption with borrowed money.
Its taken 50+ years, but the credit card is maxed out at all levels, the idea that everyone needs there own home and can afford one is flawed ... I along with 50+ million other citizens bought it hook line and sinker | |
|  |  KommiePremium
join:2003-05-13
united state
kudos:2 | Re: Guess we will never see more FIOS then And yet they say Socialism is evil  | |
| | zed260Premium
join:2007-09-30
Cleveland, TN
kudos:1 Reviews:
 ·Charter
| said by guppy_fish:Waiting for a housing reversal will take a generation, if ever. The "America Dream" to own a house was nothing more than a scam started in the 1930's to increase consumerism and consumption with borrowed money.
Its taken 50+ years, but the credit card is maxed out at all levels, the idea that everyone needs there own home and can afford one is flawed ... I along with 50+ million other citizens bought it hook line and sinker
we have about 1 year till houseing bottoms (house prices should hit about there long term averge price at that time | |
| | nonymousPremium
join:2003-09-08
Glendale, AZ Reviews:
 ·Callcentric
| said by guppy_fish:Waiting for a housing reversal will take a generation, if ever. The "America Dream" to own a house was nothing more than a scam started in the 1930's to increase consumerism and consumption with borrowed money.
Its taken 50+ years, but the credit card is maxed out at all levels, the idea that everyone needs there own home and can afford one is flawed ... I along with 50+ million other citizens bought it hook line and sinker
I do not know about a dream. But I did buy a home before the real boom. The current market value is probably around what I paid. Just would take time to sell it.
I still live here and am still happy with my purchase. Has things compared to renting or apartment living at least for me.
Heck if someone wants to own a house this is probably a good time to buy. Just do not over purchase what you can afford.
That was one of the bad things about the dream. People pushed into buying what they could not afford. The dream was not owning a house but owning a profit center. The price would always go up. I remeber in the boom years lotteries taking place at new subdivisions just for the possibility of the chance of purchasing a house a year or more out. The land may not have even been plowed yet, let alone any infrastructure. Yet, people would be lined up or camped out way in advance just for a slim chance.
I just bought a house, a place to live. Nothing fancy but an ok neighborhood with decent schools nearby. A place to live for at least the near future, not turn around and sell to make a profit.
I knew we would stay here awhile and we have been here 16 years now. Not moving soon but may think about it in a few more years. Will be time for a change by then. | |
| |  pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | said by guppy_fish:Its taken 50+ years, but the credit card is maxed out at all levels, the idea that everyone needs there own home and can afford one is flawed ... I along with 50+ million other citizens bought it hook line and sinker But that doesn't change the fact that regardless of what happens to a house's value, it can still be a justifiable purchase. My own home is probably so far underwater at this point that I will most likely never see what I paid for it should I decide to sell, but it still provides me things that alternative forms of housing cannot.
I agree with you 100% on the government push for everyone to own a house being a bad thing... home ownership doesn't work for everyone, and it never will work for everyone. IMO, the housing market was saturated by the time we got to the late 1990s/early 2000s. Everyone who could afford to buy a home and wanted to buy one had bought one. The only way for the housing market to expand would be for loans to be extended to people who wanted homes but could not afford them.
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"Net Neutrality" zealots - the people you can thank for your capped Internet service. | |
| | | nonymousPremium
join:2003-09-08
Glendale, AZ | Re: Guess we will never see more FIOS then The market is not fully saturated. it will come back. One person dies another will buy their house.
Plus the population at least for now is increasing.
It may not lead to a housing boom, yet it may stabilize at some price point. | |
| | | | pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | Re: Guess we will never see more FIOS then said by nonymous:The market is not fully saturated. it will come back. One person dies another will buy their house.
Plus the population at least for now is increasing.
It may not lead to a housing boom, yet it may stabilize at some price point. It is saturated in the sense that the only people who are buying right now are those who can show that they are able to pay back a mortgage, as banks have tightened up lending standards considerably. The number of those people has been stagnant or decreasing (lack of good jobs), even as the general population rises.
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"Net Neutrality" zealots - the people you can thank for your capped Internet service. | |
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| patcat88
join:2002-04-05
Jamaica, NY
kudos:1 | said by guppy_fish:Waiting for a housing reversal will take a generation, if ever. The "America Dream" to own a house was nothing more than a scam started in the 1930's to increase consumerism and consumption with borrowed money.
Its taken 50+ years, but the credit card is maxed out at all levels, the idea that everyone needs there own home and can afford one is flawed ... I along with 50+ million other citizens bought it hook line and sinker
All you need to do is print more money, and give mortgages to anything with an ITIN number, you'll have another housing boom. | |
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| | Smart move Once housing gets going, then that means people have money to spend. Right now, most people are staying put or downsizing their expenses which means getting new customers will not happen. | |
|  birdfeedrPremium,MVM
join:2001-08-11
Warwick, RI
kudos:5 | The real question he should be asked... was by Darby who commented at the end of the Tribune article. quote:
Why can't any sales rep tell me to the penny what the bottom line on my monthly bill will be?
And the answer is that Verizon would not make a profit off their "billing errors".
System is designed to be obscure. Don't pay any attention to "it's complicated by different states and franchise agreements."
Well, it *is* complicated, but by design. | |
| Reviews:
·Comcast
| Luxury As much as I'd love to have their services, this is a smart business move. FiOS is priced as a luxury and not many people can afford such luxuries with low income levels. If expanding means higher rates to offset lack of customers, then they should wait until demand surges again. | |
| | | | Re: Luxury For me FIOs HD DVR w/Showtime & Starz on 3 sets, Internet and Phone svc costs $90 a month. This is a lot cheaper then Comcast can offer same service. So, if you get a deal such as this and they are all over the web, the cost of FIOs is not at a premium. | |
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Reviews:
·Verizon FiOS
| Lovely Spin... What? only 20Million TOTAL expected Fios subscribers?
Versus how many cable subs?
Guess they are moving their money to LTE buildout and sell mifi units...5-15x faster than DSL without the headache (unless you ask the bees!).
More money in pork...
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Splat | |
| | | | Re: Lovely Spin... said by cableties:What? only 20Million TOTAL expected Fios subscribers?
Versus how many cable subs?
Guess they are moving their money to LTE buildout and sell mifi units...5-15x faster than DSL without the headache (unless you ask the bees!).
More money in pork...
His is not talking about subs. He is talking about homes passed, even worse.
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| |  AlcoholPremium
join:2003-05-26
Climax, MI
kudos:3 | Yeah, the 20m ceiling doesn't make any sense. | |
| | | Reviews:
·Verizon FiOS
| Re: Lovely Spin... Obviously you guys dont understand that Verizon does not own Central Offices OUT OF THEIR FOOTPRINT to go beyond that. how many houses can Cablevision, Brighthouse, Wow, Comcast, Charter, Cox & Time Warner offer their services to ? Cuz they dont cross lines either. | |
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| | | Speaking of that. I talked to a Vz cellphone rep the other day who said that LTE was FASTER than Fios! Heh.... | |
|
 mech1164I'll Be Back
join:2001-11-19
Lodi, NJ
·Optimum Online
| CV HE LL Myself I'm in CV h3ll. FIOS came to Lodi in the first wave years ago. Did the whole town except the apt complexes. Runs down down down the street. Then hangs a right turn down the cross street just before the complex. Because of ridge line issues, OTA tuning is not a possibility. So CV is the only option. I wish FIOS would get off the snye and start the deployment again for complexes. From the way he is talking though 15 years sounds likely.  | |
| | | Collusion? Anyone see this in the article? quote:
Q: Should AT&T be allowed to buy T-Mobile?
A: AT&T was choked on spectrum. T-Mobile had some, but weren't big enough to build it out. Putting them together was logical.
Is Verizon on this as well? People knew this is not the case as AT&T is sitting on a lot of unused spectrum. | |
| | | | Re: Collusion? Anyone see this in the article? I would say Verizon is in on this. They probably will want to make there own purchase somewhere down the line and being on AT&t's side during this will help them. | |
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| | Own My home w/FIOS I guess I was one of the lucky ones, or smart. I bought my home in 83 right after I got out of the Marine Corp using my VA home loan benefits.
it is now paid off and I never used the equity in it to pay for something I could not otherwise afford. And I have FIOS too!
sure I have seen many others around using the equity to buy toys, motor homes, boats, etc..etc, many have lost their homes, others spend more time working just to pay off their 2nd or 3rd mortgage loans having no time to enjoy those shiny new toys.
I am now 51 and retired and I have FIOS. now i get to act like a kid and play video games on a fast reliable fiber optic connection. thanx Vz!! | |
| | | | Re: Own My home w/FIOS Red, thats the problem, people using their home like an extra wallet and getting things they didnt really need.
I have been in my home 15 years and I laugh my butt off when I send in my mortgage payment. | |
| | | | | Re: Own My home w/FIOS said by FloridaBoy:Red, thats the problem, people using their home like an extra wallet and getting things they didnt really need.
I have been in my home 15 years and I laugh my butt off when I send in my mortgage payment.
I agree!!
I have no credit cards, have only bought one car on credit.. my 02 SS I saved for, worked extra hours, ate beans n weenies, did without alot. I walked into the dealer and wrote a check for it. I got a low interest 20 yr fixed loan throught the VA, made my house payments on time, never borrowed against it. I am 100% debt free have money in the bank and grateful I listened to my own parents 20 years ago. If I do not have the money for something, I either did without or saved until I had the money for it. this generation of instant gratification is how we got into this current situation. | |
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Reviews:
 ·MSN
·Brand X Internet
·DSL EXTREME
1 edit | You can do better then FiOs if you try. My neighbor has FiOS and it's okay, but certainly not the panacea so many of you believe. She has the triple play (phone, TV and Internet) that cost 85 dollars a month on special. She gets around 150 channels, one HD DVR, basic phone with Long Distance and 15/5 Internet. Compare that to what I get for 25 dollars LESS a month:
I get over 250 channels, a HD DVR and a second HD receiver from DirecTV (30 dollars a month).
I get about 100 local channels (including not only Local HD channels, but many of the secondary DTV channels as well), channels from my town, 20/5 Internet, and free WiFi all over Greater Philadelphia from Comcast (30 dollars a month).
I get free phone including USA and Canada calling and two lines from Google Voice (cost: free).
Since I use an Obi110 adapter it works without the computer (I use a standard cordless phone).
Verizon wanted a 250 dollar deposit for FiOS due to THEIR earlier screw up on my old phone account. I paid no deposits whatsoever.
I think that if you look around, you can find better deals then Verizon offers. | |
| | | | Re: You can do better then FiOs if you try. said by qworster:My neighbor has FiOS and it's okay, but certainly not the panacea so many of you believe. She has the triple play (phone, TV and Internet) that cost 85 dollars a month on special. She gets around 150 channels, one HD DVR, basic phone with Long Distance and 15/5 Internet. Compare that to what I get for 15 dollars LESS a month:
I get over 250 channels, a HD DVR and a second HD receiver from DirecTV (30 dollars a month).
I get about 100 local channels (including not only Local HD channels, but many of the secondary DTV channels as well), channels from my town, 20/5 Internet, and free WiFi all over Greater Philadelphia from Comcast (30 dollars a month).
I get free phone including USA and Canada calling and two lines from Google Voice (cost: free).
Since I use an Obi110 adapter it works without the computer (I use a standard cordless phone).
Verizon wanted a 250 dollar deposit for FiOS due to THEIR earlier screw up on my old phone account. I paid no deposits whatsoever.
I think that if you look around, you can find better deals then Verizon offers.
ha yall think yall got it bad, suddenlink is what we have (dont have a problem ever)
tv and internet together with about 250 channels cost us about 200
and the internet is u guessed it 1mbps.., of course we do have starz, showtime, and encore..
but in it together its not worth what you get, constantly gettin suddenlinks commercials about how great things are ya ya ya...
all i can say at the moment we are happy with it, but the second they put a cap, we will cut off there tv service and switch to DTV (due to the only cable company in town) and if they are gonna implement the 31gb we will prob switch the internet to AT&T (even though i hate it) i find 150gb way more usefull, since i only use 70 gb or so on this type of connection, we have 4 computers in the house hold, 2 xbox 360s, 6 different phones at times, and we get to about 70 gb's
but even suddenlink here, the highest tier for internet speed is 10mbps.......ya no thanks..i hope that one day heaven comes and fiber comes to this town (...one cold day in july but hey its good to see verizon workin on that i guess  ) | |
| | JPLPremium
join:2007-04-04
Downingtown, PA
kudos:1 | said by qworster:My neighbor has FiOS and it's okay, but certainly not the panacea so many of you believe. She has the triple play (phone, TV and Internet) that cost 85 dollars a month on special. She gets around 150 channels, one HD DVR, basic phone with Long Distance and 15/5 Internet. Compare that to what I get for 25 dollars LESS a month:
I get over 250 channels, a HD DVR and a second HD receiver from DirecTV (30 dollars a month).
I get about 100 local channels (including not only Local HD channels, but many of the secondary DTV channels as well), channels from my town, 20/5 Internet, and free WiFi all over Greater Philadelphia from Comcast (30 dollars a month).
I get free phone including USA and Canada calling and two lines from Google Voice (cost: free).
Since I use an Obi110 adapter it works without the computer (I use a standard cordless phone).
Verizon wanted a 250 dollar deposit for FiOS due to THEIR earlier screw up on my old phone account. I paid no deposits whatsoever.
I think that if you look around, you can find better deals then Verizon offers.
Let me see if I get what you're saying. You're getting all that TV service (including 1 HD DVR and an HD STB) AND comcast for internet/locals... all for $60/month?! You REALLY expect everyone here to believe that? Considering the DirecTV service alone would run well north of that... I'm (sorry) not buying your math. | |
| | | Reviews:
·MSN
·Brand X Internet
·DSL EXTREME
4 edits | Re: You can do better then FiOs if you try. said by JPL:Let me see if I get what you're saying. You're getting all that TV service (including 1 HD DVR and an HD STB) AND comcast for internet/locals... all for $60/month?! You REALLY expect everyone here to believe that? Considering the DirecTV service alone would run well north of that... I'm (sorry) not buying your math.
Yes I am saying that.
I got into a special offer that DirecTv offered to AAA members. Got the HD DVR and HD receiver for free and my 250 channel package was discounted. Then I got a ten dollar a month referral credit. Then by having my monthly bill debited out of my checking account I got free HD which saved me another ten dollars a month. Between the three I pay 30 dollars a month for my DirecTv.
For Comcast I called them, asked them to sharpen their pencil and they offered me a deal for Internet 15/3 at $19.99 a month for a year. But you had to have cable to get it, so they charged me an extra 10 dollars a month for broadcast basic (they discounted it $3.99 a month just to be nice). I bought my own DOCSIS 2 RCA cable modem on Craigslist (brand new) for $5.00. When the installer came (install fee waived because I asked if they could do it) he installed a splitter on the cable drop and also hooked it into my TV set. When we auto programmed the HDTV set (while downing a cold one) over 100 channels came in (all the locals in both SD and HD, many of the secondary SD channels like 6.2, 10.3, etc. and a few cable channels like the local Weather Channel and WGN, C Span, etc.). I also get the 3 local community access channels. It turns out that in FiOS areas, Comcast 'opens up' the cable modem so I regularly see download speeds in excess of 2 mb/s, and always get speeds of 20/5 on all speed tests even download ones (which show your 'true' speed instead of Power Boost). They also now throw in free wifi (until recently it cost an extra 10 dollars a month). Your email address is your username and your email password the pw. It works great. I see speeds of 12/3 all the time. I was also told that if I called up during month 11 there's a 90 percent chance they'll extend both deals for another year.
Google Voice is free for both incoming and outgoing calls to the USA and Canada. To use it with your telephones you need an Obi 110 Service Bridge which costs 50 dollars at Amazon.com
So there you go...like I said, if you try you can find deals like this...my math is just fine. | |
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Reviews:
·Optimum Online
·Verizon FiOS
| reassess Verizon better start looking at the competition! Cablevision already released a 50/8 package which will compete with the 25/25 and 35/35 packages. Might be time for the 35/35 to move up to 50/50 and the 25/25 become the new 35/35.
Also, there are places around Verizon's footprint that deserve another look for deployment. Many of these areas are overlaid with Comcast and Time Warner, or no compeittion at all (AT&T in some rare instances). | |
| |  Defiance82Computer ElitePremium
join:2002-09-11
Burlington, WI
·Time Warner Cable
·Suddenlink
| Re: reassess said by tmc8080:Verizon better start looking at the competition! Cablevision already released a 50/8 package which will compete with the 25/25 and 35/35 packages. Might be time for the 35/35 to move up to 50/50 and the 25/25 become the new 35/35.
Also, there are places around Verizon's footprint that deserve another look for deployment. Many of these areas are overlaid with Comcast and Time Warner, or no compeittion at all (AT&T in some rare instances).
Cablevision might have a 50/8 package but they do have low caps such as 50GB/100GB.
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Affordable Web-Hosting, Reseller Hosting, Ventrilo, & Teamspeak services since 1999 @ »www.deadlyservers.com | |
| | | | | Re: reassess Cablevision doesn't have any caps. Don't know what you've been reading. CV has probably been the most vocal cable ISP against caps to this point. | |
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| JPLPremium
join:2007-04-04
Downingtown, PA
kudos:1 | said by tmc8080:Verizon better start looking at the competition! Cablevision already released a 50/8 package which will compete with the 25/25 and 35/35 packages. Might be time for the 35/35 to move up to 50/50 and the 25/25 become the new 35/35.
Also, there are places around Verizon's footprint that deserve another look for deployment. Many of these areas are overlaid with Comcast and Time Warner, or no compeittion at all (AT&T in some rare instances).
You mean they should offer up a package like this one?:
»newscenter.verizon.com/press-rel···net.html
They're ALREADY offering up a package that's 3 times the download speed of CV. With no caps... no throttling... and no slow periods. | |
| | Reviews:
·Verizon FiOS
| Honestly, 90% of customers dont even understand what the numbers mean, 5% of that remainder dont give a shit at this point. 20/5 is more than enough for most people out there. Its useless speed for most.
Who gets to say theyre the fastest? FiOS does because their 150mbps is not outdone by any cable co. Its a matter of bragging rights, thats all. | |
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rody_44Premium
join:2004-02-20
Quakertown, PA | lol Its all smoke and mirrors, talk is cheap. | |
| |  EnzonE
join:2000-03-23
Indiana, PA
 ·Verizon Broadban..
·Comcast
| Re: lol Yeah I agree there I remember years ago when Verizon basically gave the shaft to PA thanks to the PA PUC. I had links to previous DSLR reports but had since disappeared but to make a long story short Verizon 'promised' PA statewide DSL service by I believe 2011 in exchange for HUGE tax breaks, well this never happened.
Funny thing is in my town I used to live twice the distance from the CO qualifying for DSL 10 yrs ago, 10 yrs later I'm half the distance away no longer qualify for it. Forget FiOS id be happy with just DSL, much better than that Comcrapstic service I used to have.
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NOW Verizon's 3G Smartphone Tethering Service - Goodbye $40 a month
Comcast 6M/384k October 9 2006!
Adelphia 4M/384k
Activated September 20 2006. | |
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| | | | Re: But Will They Upgrade Darwin from 28.8K Dialup? said by ESCBroadband :http://darwincalif.com/index.html
They could just move to a town that lives in the 21 century | |
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