operations chief Tom Rutledge says the company has good field position in its turf war against
The two giants are going head-to-head in a bundled -- phone, fast Net and TV -- service push in the Northeast, now that Verizon is expanding its fiber optic network into more communities.
Verizon has priced its offering to roughly match the cable triple play and has been touting its blazing-fast Internet speeds as a way to gain consumer interest.
But Rutledge says Cablevision has "more fiber in the tri-state area," referring to New York, New Jersey and Connecticut, "than any phone company." And the Bethpage, N.Y.-based cable shop has been conducting tests to see how big and fast its network can get, says Rutledge.
"There's lots of capacity in the network and no need for an upgrade," Rutledge told investors at the Goldman Sachs Communacopia conference in New York.
"They argue that the network is the differentiator, I don't think it is," Rutledge said referring to Verizon's FiOS claims.
Verizon, which hit a new 52-week high of $36.53 Wednesday, has
convinced investors lately that its costly fiber optic broadband plans may eventually reap rewards if the company starts to win over users from its cable and satellite rivals.
Cablevision fell 21 cents to $23.02 in late afternoon trading Wednesday.