With the exception of major city franchise obligations (and even those have lots ofwiggle room), Verizon all but ended their FiOS expansion plans more than half a decade ago. With so many un-served cities still begging to be upgraded Verizon continually has to remind folks that they're simply not interested in upgrading a large swath of their aging DSL markets. If you live in one of those un-upgraded cities like Buffalo, Boston, Baltimore or Alexandria, that's a tough pill to swallow.
"I have been pretty consistent with this in the fact that we will spend more CapEx in the Wireless side and we will continue to curtail CapEx on the Wireline side," Shammo said on an earnings conference call earlier this month. "Some of that is because we are getting to the end of our committed build around FiOS, penetration is getting higher."
Verizon has taken heat from consumer advocates from using natural disasters as cover for the company's disinterest in upgrading DSL networks. Verizon's refusing to repair damaged lines and has been pushing unwanted DSL customers toward cable for years, usually with a one-two punch of steep price hikes and service apathy . Verizon executives are for more interested in focusing on far more profitable (and much more expensive) wireless broadband services.After recently selling all Florida, Texas and California assets to Frontier , Shammo said the company's happier with their geographically centralized east coast fixed line presence
. Still, that doesn't mean there won't be more fixed-line asset sales on the east coast, as there's plenty of locations Verizon clearly has no interest in upgrading (upstate New York and massive swaths of Massachusetts come quickly to mind).