Verizon taking on cable with new 'Titan' business Ethernet program

Verizon (NYSE: VZ) is quietly making plans to hit back at the decline in Ethernet cable orders with an program dubbed "Titan" – which hasn't been officially announced yet – geared toward preventing wholesale and retail customers  from turning to cable competitors.

Most details about the program were redacted from an ex parte filing but Verizon said that "Titan has been generally well-received by customers, and we are analyzing the business case for" similar programs.

Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) have been growing their share of the Ethernet market by expanding fiber networks and offering more services over hybrid fiber coax (HFC) networks. Other cable operators are also delivering Ethernet to retail and wholesale customers leveraging a mix of fiber and existing HFC facilities.

Check out the whole article from FierceTelecom.

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