Saul Hansell, Blogger, New York Times Bits

Verizon’s FiOS: A Smart Bet or a Big Mistake?

August 20, 2008 at 12:01 am PT

Four years ago, Verizon Communications embarked on an ambitious and expensive plan to run fiber optic cables, which can deliver ultra-fast Internet service and dozens of high-definition video channels along with old-fashioned telephone service, past 19 million homes, roughly half its territory. When it was announced, Verizon’s $23 billion planned investment in the service, called FiOS, was met by a chorus of skeptics, both on Wall Street and among rivals.

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Tagged with: Bits, broadband, fiber, FIOS, New York Times, Saul Hansell, Verizon Communications, video

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