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Don’t Hold Your Breath Waiting For Verizon FiOS To Come To Your Town, Says CEO

Back in 2012, Verizon Wireless announced a marketing deal with several of the country’s largest cable operators that would let these companies sell cable/Internet/wireless bundles. We warned at the time that this would give Verizon even more reason to halt expansion of its costly FiOS network, as the company stood to make more money from the wireless business than it would from the TV/Internet service. Now Verizon’s CEO has confirmed that the company has no plans to expand FiOS beyond the existing markets. [More]