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Verizon To Pump $18B Into FiOS
larytet writes, "LightReading reports that Verizon will invest $18B into FTTH. The company says its fiber-based service will become profitable after four years, and expects by then to have 7 million customers using FiOS for Internet access." For perspective, have a look at Bruce Kushnick's book $200 Billion Broadband Scandal. His site has a page detailing phone company promises of fiber since 1993. We have been paying for these undelivered promises for years. By now we should have 86 million homes wired with FTTH at 100 Mbits/sec.
Congress is actively dealing with this right now! You won't get fiber to your house, but you will get a larger series of tubes. And your representative will mail you your very own Internet.
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It's about time! Now I have a reason to buy Intel's 80 core CPU!
Good idea. I'm gonna get off my lazy, liberal ass and start laying some damn fiber! I'll start by renting a backhoe so I can dig up my front lawn. Maybe I can save some money on that if my neighbors chip in. Hell, maybe I can get the whole city to pitch in a little bit to buy the fiber in bulk. We'll need some organized way to collect the money. Maybe the city can collect it once per year from every citizen -- that's a good idea. But if I'm gonna do the whole city, I'll need more than 1 backhoe. That means I'll need some qualified backhoe operators. I'll probably need to get some permits to dig up the roads and such too.
Man, this is a lot of work. Maybe instead of giving me the money the city can give it to some large conglomeration of people whose job it is to do this sort of thing. I know there are a few companies out there. Anyway, the government can give them a bunch of money -- probably in the billions -- to build up the infrastructure, and we'll be all set.
I'm so happy you spurred me into action. Things are gonna change! I can feel it!
Seriously though, you must be a conservative. You don't like books and big companies are never wrong.
"...and expects by then to have 7 million customers using FiOS for Internet access."
"Fios" is portuguese for "wires"... That name wouldn't inspire many people here in Brazil!
So say we all
I'm holding off for FOE(Fiber Over Ethernet)