The New York Times > Technology > Phone Line Alchemy: Copper Into Fiber "The new offering is part of a multibillion-dollar bet by Verizon and the other Bell companies. They are gambling that by going door to door to replace century-old copper wire technology with high-speed fiber optic lines, they can hang onto their most valuable asset: a direct line into the home of each customer.
Verizon and the other regional Bell companies are losing customers by the millions as people drop their old phone lines in favor of cellphones, e-mail and ever cheaper phone services from cable companies."
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