Verizon’s FiOS Service Gaining Momentum

TV is big business, as Verizon realizes, and the company is pouring $23 billion into FiOS fiber-optic lines to deliver it to homes. The service initially had been conceived to upgrade its customers' Internet service and, indeed, there are 1.5 million FiOS Internet customers. Verizon hooks up 3,425 new FiOS TV customers each business day and already calls itself the nation's 10th-largest cable company - a threat to Comcast's core franchise of 24 million subscribers.

Philadelphia Inquirer: February 24, 2008
By Bob Fernandez