Bernadine Joselyn sent me nice article on Verizon the other day (OK maybe last week). It was a nice glimpse of the economy of the triple play (Verizon’s Big TV Bet Pays Off).
Verizon started getting into position to offer cable/pay TV two years ago. They invested some serious money. People laughed – but Verizon are the ones who are starting to chuckle now. Apparently even Comcast is publicly calling Verison worrisome competition in the cable/video industry.
But by the end of 2010, Verizon expects to have fiber in at least 18 million households in its traditional East Coast territory, more than four times the potential customers it has today. They expect to start turning a profit in 2009.
The article goes on to talk about the investors’ perspective and a little bit about AT&T – who say they have enough broadband thank you. They haven’t and apparently have no plan to invest as Verizon has.
I spend so much time looking for – and therefore finding – info on community-based fiber projects. It’s really interesting to read about a fiber project based on ROI and not need-driven.