Verizon wins over investors

Telcos have been making much progress the last few months in winning over customers for their nascent TV offerings, and expanding these services into new markets, so it's easy to forget what a risk these TV strategies seemed like when they were undertaken.

The expensive fiber upgrades may still take several years to completely pay off, but if investors can be convinced the future will be bright, that's half the battle. Verizon appears have overcome initial investor concern, and has Wall Street believing that its path to higher-revenue TV customers remains clear.

For more:
- BusinessWeek reports on investors' increasing faith in Verizon

Suggested Articles

RCN, Grande and Wave Broadband have added 22,000 customers into the fold with the conclusion of a deal to buy Houston-based EnTouch Systems.

Great Plains Communications, a Blair, Neb.-based independent telco, has completed its deal to buy Enhanced Telecommunications Corporation (ETC.)

On the heels of job cuts a several weeks ago, Salesforce CEO March Benioff said on Twitter that his company would add 12,000 jobs over the next year.