Altice is promising to take an operator notoriously locked in an intense battle with a telco service, Verizon FiOS, in the majority of its footprint, and make it more profitable than cable companies with gobs more scale. For a U.S. cable industry trying to prove to investors it has a future, that strategy could change everything if it is successful.
Verizon's chief says that despite emerging rumors about the company's future, the telco has no intention of divesting any more of its wireline assets.
Verizon will continue to sell its FiOS linear video product to consumers but the company is also ramping up its Go90 mobile video service and its skinny bundle packages to accommodate the rapid growth in consumers looking to ditch their linear service in favor of over-the-top services.
Frontier Communications says that as it moves to complete the integration of the Verizon assets it is buying in California, Florida and Texas, the service provider won't need to make a large capital investment in the networks to deliver higher DSL-based speeds.
Verizon may be sticking to its guns that it won't build out FiOS to any new markets, but that has not stopped the mayors from Peabody and Salem, Mass., from pleading with the telco to build out its FTTH service in their towns.
Verizon may have a strong set of wireline and wireless assets, but the telco does not see itself following its European service provider counterparts in offering a quad-play service bundle for its consumers.
The CWA has asked that federal and state regulators in the 11 states where Verizon operates wireline networks investigate its claims that the telco is not performing necessary repairs and upkeep on its copper landline networks. It has filed letters to regulators in six states and Washington, D.C.
If you haven't noticed there's some new and perhaps familiar faces appearing on FierceInstaller. In collaboration with my colleagues Dan Frankel, editor of FierceCable, and Phil Goldstein, editor of FierceWireless, I am now leading up this publication along with my ongoing daily coverage of the wireline industry segment at FierceTelecom.
A number of New York City officials said they are considering suing Verizon for not meeting their proposed FiOS buildout obligations set in their 2008 franchise agreement.
Eric Schneiderman, New York's attorney general, has written a letter to the New York Public Service Commission (NYPSC) asking the state regulator to investigate Verizon and look at how the deregulation of the New York telecom market is impacting businesses and consumers.