If you’ve been holding out for FiOS as an alternative to your current Internet provider, it might be time to start working on a new strategy. DSLReports has shared a quote from Verizon CFO Fran Shammo that appears to suggest that the dream of widespread FiOS expansion is dead. “We’ll continue to fulfill our FiOS LFAs (franchise agreements) we will complete (the FiOS deployment) with about 19 million homes passed,” Shammo announced at the Jefferies 2014 Global Technology, Media and Telecom Conference. “That will cover about 70 percent of our legacy footprint; 30 percent we’re not going to cover.” Consumers have been understandably skeptical of a massive FiOS rollout as Verizon executives have continually skated around questions regarding the fiber optic service. With this
Verizon just killed your dreams of getting FiOS in your neighborhood
15
May
2014
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