said by jorcmg:For the record FiOS is 100% owned by Verizon. Homefusion is part of Verizon Wireless which is 55% owned by Verizon and 45% owned by Vodophone. It sort of like how people think Time Warner and Time Warner Cable are the same company and they are not.
They are saying and doing what their investors (owners) want.
Welcome to capitalism.
said by jagged:I get it just fine. I'm just correcting the misconception that FiOS and Verizon Wireless are run 100% by the same company. They aren't.
You didn't get it. Jorcmg was referring to the shareholders who own Verizon stock.
Re: Again, this is why Google will deploy fiber And why would Google deploy to areas where Verizon refused to deploy FiOS? Verizon didn't deploy in areas they felt would be unprofitable. Google has been cherry picking just as bad, if not worse. If they can't make their quota, they won't deploy.
Re: Again, this is why Google will deploy fiber
said by karpodiem:Way to pick some violent areas. If I was any company I would stay away from metro-Detroit and Chicago for sure, those places are just too violent and not worth doing business with.
I can think of numerous geographic areas that Google could deploy fiber to that would be profitable. Chicago, metro-Detroit, Minneapolis, Madison, Nashville, Atlanta, etc...
·Time Warner Cable
| |said by silbaco:There are plenty of areas that probably Verizon might have selected for FiOS, but Verizon was not the ILEC in that territory. Google could go after AT&T U-verse or CenturyLink's markets.
And why would Google deploy to areas where Verizon refused to deploy FiOS? Verizon didn't deploy in areas they felt would be unprofitable. Google has been cherry picking just as bad, if not worse. If they can't make their quota, they won't deploy.
AT&T U-Hearse - RIP Unlimited Internet 1995-2011
dont get it i want to know if or when they will break even on the fios build.
once LTE network is built then what. it seems stupid not to build out fiber. it will make them money for years to come.
Re: Shammo Wow? it took comcast and time warner 40 years to make it to 80+ percent in monopoly areas so 50% in a competitive market takes time DOH
said by cableties:
Had to say it...
Wait. 50% penetration in their FIRST market and its 2013??
"Penetration for FiOS Internet, launched in August 2004, exceeded 35 percent in Texas as of June 30, 2007."
So it took SIX YEARS to get another 15% ??? Shammo Wow, the math is boggling!
Re: Could be 100% wouldn't make any difference
said by guppy_fish:Umm, FIOS IS a WIRELINE technology.
FIOS is profitable, its wireline ( POTS ) that is killing them
And overbuilding brings the long term investment of an entirely new plant, vs their existing copper that has only the cost of maintaince (not that expensive on the short term, near the cost of the new plant over 20 years)
EVEN Frontier would jump on the fiber bandwagon, if they could get a 100% take rate guaranteed, and investors would bring money in wheelbarrows for such an opportunity.
Completing the FiOS build-out A couple of very interesting tidbits from Fran Shammo's remarks:
(1) Verizon initially committed to 18 million homes, but they will finish their build at about 19 million homes, due to new construction over the past 7 years.
(2) Beyond that, they will probably spend another $150 million to expand FiOS "a quarter of a mile to a mile down the street" to pick up small businesses that barely missed out on the initial FiOS build.
This is cherry-picking to the max. They just want to run a line right down Main Street, pick up most of the doctors, dentists, florists, restaurants. They'll serve houses that they pass along the way, but they're not going to do any more expansion.
Note that Verizon is already at 17.8 million homes passed. And $150 million is nothing compared to the overall price of the build. At the current rate of build-out, they'll be done by the end of 2014, if not sooner.