Verizon Fans Take Heart at High-Fiber Diet
The so-called last mile is once again telecom's final frontier.
Like the wireless Internet and the digital subscriber line before it, a trend called fiber to the premises has Wall Street aglow with possibility.
Investors love it. Consumers might even go for it. Now if only regulators would see things their way, Verizon (VZ Quote) and its peers could lift a tattered sector back to respectability as they upgrade their customers' homes to fiber optic connections.
So goes the drumbeat behind the Baby Bells' latest march on Washington. Offering up another argument for their exclusive control of their networks, Verizon and its peers SBC (SBC Quote) and BellSouth (BLS Quote) are promising a broadband revolution via fiber to the premises, or FTTP. ...
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