by Bruce Kushnick 09/20/2017 03:03 pm ET
Link to the original article, as it appears at the Huffington Post
FTTBS: Fiber-To-The-Bait-&-Switch
In April 2016, Verizon told Boston it was going to be spending $300 million to deploy FiOS, their wireline Fiber-To-The-Premises (FTTP) service, to the entire city over the next six years. Unfortunately, what Verizon’s CEO told investors on September 13th, 2017, shows it has deceived the citizens of Boston and harmed Massachusetts.
Lowell McAdam, CEO Verizon Communications, speaking at the Goldman, Sachs 26th Communacopia Conference on September 13th, 2017 stated it will be substituting wireless for fiber-optic to the home (commonly called “the last mile”). And they are doing this throughout the East Coast.
Lowell McAdam, Verizon Communications CEO:
“Well, I think that’s where 5G and over-the-top come in because even in the markets where we have our FiOS footprint from Washington to Boston, the preferred method, the preferred architecture for us is going to be that last mile being 5G. So whether we offer a linear package or we offer an over-the-top package, look, the numbers all show that over-the-top is gaining ground and the 300 channel bundle is under a solitaire. (typo) So I may have been premature when I was up here a couple of years ago saying that but I still see it that way and I think the point for our investors is, we’re building the network that doesn’t care. If you can get broadband I don’t care whether the customer goes over-the-top or buys a linear package, and we’ll be able to provide either one to him.”
Continue reading “Verizon FiOS Deployment In Boston Is Fiber-To-The-BS”
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