Seidenberg: Verizon 1st in Fiber?

Posted by Sam Churchill on

According to Ivan Seidenberg, Verizon’s CEO, the US is number one in broadband.

Anytime government—whether it’s the FCC or any agency—decides it knows what the market wants and makes that a static requirement, you always lose. So this FCC decided that speed of the network was the most important issue. So that’s all they measured.

So they will say, if you go to Korea or you go to France, you can get a faster Internet connection. Okay? That could be true in some companies—in some countries. The facts are that, in the US, there is greater household penetration of access to the Internet than any country in Europe.

Verizon has put more fiber in from Boston to Washington than all the Western European countries combined. All.

But British Telecom’s 40 Mbps service costs $30/month (£19.99) while competitor Virgin Media provides 50 Mbps service for $42/month (£28/month). Compare that to Verizon’s 50 Mbps Internet service which costs $144/month, at least four times as much.

What are the facts?

Compare that to “number one” Verizon FiOS, the dominant fiber provider in the United States. It is passed by 12.7 million homes, of which 3.1 million subscribe to the Internet service and 2 million to FiOS TV.

Verizon’s 50 Mbps Internet service is about four times more expensive than BT’s 40 Mbps service — about $140/month (£92/mo) vrs BT’s $30/month (£19.99) or Virgin Media’s 50 Mbps service — $42/month (£28/month).

A new study commissioned by the Fiber To The Home Council, says there were about 18.2 million homes passed with fiber to the home connections in North America, with the number of homes actually connected roughly 5.8 million.

Unlike AT&T’s U-verse product, Verizon’s broadcast video service is not IPTV. At the subscriber’s home, an optical network terminal transfers data onto the corresponding copper wiring for phone, video and Internet access.

Posted by Sam Churchill on Thursday, April 15th, 2010 at 7:52 am .

Leave a Reply