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.
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