"And in markets where Verizon's Fios service has been around the longest, insiders
report penetration rates have exceeded 50 percent for Fios high-speed Internet and are
approaching 50 percent for Fios TV."
And do a little math (scary, I know). . .let's see, ($750+$600)*2(half the
potentials taking)=$2700. Now, I don't know what the service is going for, but
if it's anything like Concast, er, Xfinity, It'll be more than $100/month.
That's 27 months to break-even. Pure profit after that. That doesn't sound so
bad.
Betty and Stewart will be waiting for Pedro, Jorge, and their amigos to come
along and dig up their neighborhoods.
Ain't gonna happen. Verizon just told the city of Wilmington, Delaware
to forget FIOS. They're not going to get it. Gosh. Thanks Verizon.
Wilmington has people living there, unlike Cecil County, Maryland where
"nobody" lives [according to Verizon]. Guess "nobody" lives in
Wilmington either.
http://www.delawareonline.com/article/20100404/BUSINESS/4040353
Not enough competition. Not enough regulation.
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