Tuesday, August 19, 2008

A Smart Bet or a Big Mistake? - NYTimes.com

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.

An Expensive Gamble on Fiber Catches On With Customers

 

Source: A Smart Bet or a Big Mistake? - NYTimes.com

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