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Verizon CEO Won't Rule Out FiOS Expansion

Verizon CEO Lowell McAdam says the CEO won't rule out further expansion of the company's FiOS services, but eager customers probably shouldn't hold their breath. FiOS just passed its ten year anniversary, though with the exception of the finishing up of promised deployments in major cities, the expansion of FiOS has been frozen for several years now. Speaking at the Goldman Sachs Communacopia conference last week, McAdam stated that he's not ruling out the possibility, but it would need to be a unique opportunity:

quote:
"Expansion into other areas I wouldn't rule out, but it would have a very high bar," McAdam said. "If you look at some of the things that Google is doing around fiber, I think that's opened up a new model for us."
That's code for the fact that Google Fiber has made cherry picking deployment neighborhoods acceptable. Verizon might jump in and offer new FiOS deployments to upscale developments, universities, and MDUs -- but the not-small number of east coast cities waiting for serious investment (Alexandria, Baltimore, Buffalo, Boston) will likely still be waiting a very, very long time.


Most recommended from 44 comments



fiosultimate
join:2014-06-09
San Antonio, TX

3 recommendations

fiosultimate

Member

related news

In related news he wont rule out the existence of God, Ufos, the kennedy magic bullet, etc

nothing00
join:2001-06-10
Centereach, NY

2 recommendations

nothing00

Member

FiOS for Google's deal?

NO.

Bring out a 1gbps symmetrical plan for $70/mo (no below the line fees) and no stupid peering disputes and let's talk.

McAdam, your product is not Google fiber.