Following last week's suggestion by Lehman Brothers that Verizon scale back its FTTH plans to a less costly fiber-to-the-node deployment, Verizon CEO Ivan Seidenberg began the Citigroup Global Entertainment, Media & Telecommunications conference Monday by asserting that his fiber-to-the-home strategy is sound. He stressed that Verizon is staying on track to pass 15 million to 20 million homes with fiber at the rate of 3 million homes per year. Seidenberg opined that the network will bring "the most bandwidth, the lowest lifecycle costs and the best customer experience." Seidenberg also asserted that Verizon could revamp "the entire cost structure of the company" and boost revenues, which have remained flat the past two years.
For more on Seidenberg's defense of FTTH:
- take a look at this article from Telephony