Best US Broadband Provider Slacking Off
Now, I know a few folks who like the Internet. The XYL and Yours Truly just had a leetle problem with our broadband (settled last night after our fifth call to our current provider, who CLEARly had not troubleshot the problem with their equipment well).
So it is with dismay that I read Verizon, the provider of FIOS, is cutting back expansion plans. Their FIOS system is not only technically superior, but also, according to everyone I know who uses it, is purely addictive and the best darned broadband ever.
DSL Reports, a reliable source for broadband industry information, provides cutback details:
The feds gave major concessions to telephone companies, Verizon included, based on the promises made to the Congress for the Telecommunications Act of 1996, to encourage broadband growth, and although broadband makes money for the phone companies in unexpected ways (see next-to-last paragraph), they haven't delivered on their promises to open up broadband.
That's why Google is experimenting with high-speed Internet deployment, which Portland and other cities will compete for, for Google makes money if the economy booms.
And, if Verizon cuts back on FIOS rollout, that's bad news for the US, for with an economy driven by quarterly earnings statements instead of long-term vision, when the leader slows down, the followes slow down, too.