Time Warner Cable (NYSE: TWC) is plunking down $25 million to build a new fiber network in New York City for its business customer base. While many industry watchers believe this could be the East Coast version of Google's much talked about Kansas City Fiber to the Home (FTTH) network, the real significance of this deployment is that it enables TWC to compete more effectively against aggressive telcos like Verizon (NYSE: VZ) for business customers that want a fiber-based Ethernet connection. This expansion follows its recent win to provide fiber-based services to the Empire State Building in New York City. FierceOnlineVideo chronicles the cable MSO's latest fiber drive. Article