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Verizon Bringing Ultra-High-Speed Fiber into Homes
The technology is almost limitless in its capacity — but laying the fiber and linking homes is laborious and expensive.
Optical fiber — strands of glass 15 times thinner than a human hair — have been used by telecommunications companies over long-haul routes since the 1980s.
Now, telecoms provider Verizon Communications Inc. is making a big and expensive bet on replacing the network of copper wires that has provided phone service since the 19th century with fiber, giving it the capability to carry TV and super-fast Internet service in the bargain.
Investors have been skeptical of the plans, sending Verizon’s stock down by about 20 percent since the rollout started last year, and other phone companies have not made the same gamble.
Lisa Donohue, however, is happy with the service Verizon calls FiOS.
Full Story: http://www.technologyreview.com/read_article.aspx?id=16984
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