Cable, DBS react with skepticism; other baby bells will wait and see.(Verizon's Fiber Build)(Digital Broadcast Satellite)
Multichannel News, October, 2004 by Stump, Matt
Telco forays into video--and Verizon Communications Inc.'s fiber-to-the-premises buildout in particular--became a reoccurring side note during last week's two-day Goldman Sachs & Co. Communacopia media conference in New York. But Verizon's potential video competitors, including direct-broadcast satellite and cable providers, shrugged off the competition.
And even some of the other regional bell operating companies said FTTP was too expensive a proposition for them, today. "It's going to take them a good 10 years to cover the country with [fiber to the home]," said News Corp. chairman Rupert Murdoch. His direct report, DirecTV Group Inc. CEO Chase Carey, called FTTH "a pretty expensive proposition." Added Murdoch, "It's far enough out, the world...
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