Verizon: Broadband Key To Owning Home Market
Verizon’s FiOS service has become pay-TV’s beast in the East, delivering pain to cable TV rivals. With service via its fiber-optic network, Verizon Communications (VZ) has nearly 5.2 million FiOS TV customers, many of them former customers of Time Warner Cable (TWC), Cablevision Systems (CVC) and Comcast (CMCSA). Verizon also has nearly 6 million FiOS Internet subscribers, but many of them are upgrades from Verizon’s slower copper-line DSL