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Verizon About To End Construction of Its Fiber Network
WheezyJoe writes: If you've been holding out hope that FiOS would rescue you from your local cable monopoly, it's probably time to give up. Making good on their statements five years ago, Verizon announced this week it is nearing "the end" of its fiber construction and is reducing wireline capital expenditures while spending more on wireless.
The expense of replacing old copper lines with fiber has allegedly led Verizon to stop building in new regions and to complete wiring up the areas where it had already begun. The fiber network was profitable, but nowhere near as profitable as their wireless network. So, if Verizon hasn't started in your neighborhood by now, they never will, and you'd best ignore all those ads for FiOS.
The expense of replacing old copper lines with fiber has allegedly led Verizon to stop building in new regions and to complete wiring up the areas where it had already begun. The fiber network was profitable, but nowhere near as profitable as their wireless network. So, if Verizon hasn't started in your neighborhood by now, they never will, and you'd best ignore all those ads for FiOS.
Verizon is off the hook? Who is going to answer for that? Well rip me off! http://www.huffingtonpost.com/... Verizon has been getting breaks since this was first signed in early nineties. HP advises 4,000 -> 5,000 (excess charges and tax breaks) per houshold paid to Vz? This rolls up to the Board of public Utilities for letting them off the hook. Time for a BridgeGate scandal check here. We have a very anti-competitive environment, where each carrier must have a handshake-certified regional monopoly in many towns. Comcast, Optimum, and Verizon seem to have cut the state into mico-monopolies, while the rest of the world is passing us by. Are our taxes too low? Nope!
Time for a new Political party in the US (or two!) One is off the rails Other cant pony up a leader.
An here in Singapore,
I pay about 30 USD for 200 mbps up / down fibre , unblocked for torrents, etc. No bundling with any other services. (M1, a local telco is my ISP).
Torrents, during uploads / downloads, actually indicate I exceed the 200 mbps speed. Same when I do speed tests, I get about 205, 210 or so, both up and down.
They just started a 1 gbps to the home for about 40 USD.
Guess I will upgrade to 1 gbps in a year when my current contract is done.
We got a few ISPs here. Competition rocks!