Definitely a long-term investment; see the full article for details
Still, it might be a decade before anyone really knows whether Verizon’s bet on FiOS is a smart investment in the future or a multibillion-dollar black hole.
The company has had to spend more than it would like on advertising and expensive giveaways, like flat-screen TVs, to get new customers. Comcast and other cable companies are preparing to bolster their own Internet speeds and digital offerings.
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