Verizon FiOS Expansion Comes to an End

If you don’t it now, chances are good it's just not in the cards.

Verizon set out with a lofty goal: to wire up 18 million households with fiber optic lines for faster delivery of internet and television by the end of 2010. We’re just about eight months away and it looks like the goal will be met, but a lot of Verizon customers are left wanting.

Around a third of the company’s service area is lacking FiOS and it doesn’t look like those homes will be getting it any time soon. Verizon has stopped negotiations with major markets, and is wrapping negotiations with smaller areas.

The company is going to hold back on further expansion for the time being in order to finish up with the markets it already has and, it seems, work on profitability. FiOS isn’t cheap to set up, after all. It’s estimated that the company pays about $1,350 per home to get it up and running.

Customers in areas currently lacking FiOS will be happy to know that Verizon hasn’t ruled out future expansion.

Source: Associated Press