June 22, 2007

Verizon's fiber-optic payoff | CNET News.com

Verizon's fiber-optic payoff | CNET News.com

This column indicates that Verizon has a clear winner in its decision to deploy fiber to the home, FIOS, signing up its millionth customer for broadband Internet access along with 500,000 TV customers. Ivan Seidenberg's team made the right technical decision, although it was originally derided by Wall Street as too costly and the stock took a corresponding hit. Wall Street was wrong and Verizon was right in the territories it targeted for deployment.
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