Leave a comment

Verizon gives up on new fiber optic services

Verizon gives up on new fiber optic services
Photo courtesy of Shutterstock

Ultra-fast Internet is on its way to many cities. Google Fiber is leading the way, and others have promised to follow, including AT&T and Verizon.

Now, it turns out Verizon is going to stop short of its plans.

Verizon's CFO Fran Shammo says the company will complete its current projects, but will not go any further. Shammo said:

“That will cover about 70 percent of our legacy footprint; 30 percent we’re not going to cover.”

Verizon's initial plan would have covered around 27 million households, but they're stopping at 19 million.

Analysts never warmed up to Verizon's plan, mostly because they were talking massive numbers - and higher prices than Google Fiber.

Are you getting all the Internet connection speed you're paying for? Quickly test your Internet speed.

There are other ways to get more speed for your Internet. Find out how to speed up your Internet for free.

 

Next Story
Source: BGR
New study links cellphone use to risk of brain cancer
Previous Happening Now

New study links cellphone use to risk of brain cancer

Scary new 'ransomware' attacks Android gadgets
Next Happening Now

Scary new 'ransomware' attacks Android gadgets

View Comments ()