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Verizon Risks Profit Betting It Will Win TV, Internet Customers
(old news - 08:06AM Thursday Jul 29 2004)

Forums » Verizon Risks Profit Betting It Will Win TV, Internet Customers
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Voyager2K2

join:2001-10-04
Wayne, PA
·Verizon FIOS

Fios Deployment

As part of the effort to make up for lost time, he's announced plans to spend about $800 million installing fiber- optic cables to 1 million homes in California, Florida, Texas and six other states this year. He says he'll double the number of homes next year and reach customers who generate half of the company's revenue in the next five years
Well there you go. 1 million this year, 1 million next year in a total of 9 states.
Forget everyone being strung by fall 2004.
Right from the horse's mouth.
That should dispel all the rumors flying around the board.

Tzale
Proud Libertarian Conservative
Premium
join:2004-01-06
Sweden
·Verizon FIOS
·Optimum Online

Re: Fios Deployment

said by Voyager2K2 See Profile:
As part of the effort to make up for lost time, he's announced plans to spend about $800 million installing fiber- optic cables to 1 million homes in California, Florida, Texas and six other states this year. He says he'll double the number of homes next year and reach customers who generate half of the company's revenue in the next five years
Well there you go. 1 million this year, 1 million next year in a total of 9 states.
Forget everyone being strung by fall 2004.
Right from the horse's mouth.
That should dispel all the rumors flying around the board.

You'd have to be an idiot to believe that Verizon was going to rewire the ENTIRE network across the ENTIRE country by Fall 2004. That simply is not possible, the current copper network took years to build. Fiber isn't going to be any different, but they are starting. Some area's will have FTTP by Fall 2004, but the majority of customers won't get it for 3 to 5 years.

-Tzale

Voyager2K2

join:2001-10-04
Wayne, PA
·Verizon FIOS

Re: Fios Deployment

said by Tzale See Profile:
said by Voyager2K2 See Profile:
As part of the effort to make up for lost time, he's announced plans to spend about $800 million installing fiber- optic cables to 1 million homes in California, Florida, Texas and six other states this year. He says he'll double the number of homes next year and reach customers who generate half of the company's revenue in the next five years
Well there you go. 1 million this year, 1 million next year in a total of 9 states.
Forget everyone being strung by fall 2004.
Right from the horse's mouth.
That should dispel all the rumors flying around the board.

You'd have to be an idiot to believe that Verizon was going to rewire the ENTIRE network across the ENTIRE country by Fall 2004. That simply is not possible, the current copper network took years to build. Fiber isn't going to be any different, but they are starting. Some area's will have FTTP by Fall 2004, but the majority of customers won't get it for 3 to 5 years.

-Tzale

He says he'll double the number of homes next year and reach customers who generate half of the company's revenue in the next five years.

How does that equate to "majority"?
PA already generated billions on a promise.
Does that make Ivan a liar?
neftv

join:2000-10-01
Broomall, PA

less debt eventually.

Verizon will probably sell off all their copper and associated equipment to copper and telco manholes to interested buyers once all the fiber is in place. Selling off the copper will mean less maintenance and upkeep costs for those systems.

jsmarkbrown
Premium
join:2002-12-16
Baltimore, MD

Re: less debt eventually.

I think that depends on how voip goes. They still have a large stake in copper.

BaselineAce

join:2004-07-14
Blauvelt, NY

Untitled

I love living within 2 miles of Ivan...
Forums » Verizon Risks Profit Betting It Will Win TV, Internet Customers


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