Verizon on track with Internet TV expansion

September 29, 2006

I am very excited about the Internet TV Boom that is on the horizon. And the opportunities that it will bring. Verizon is leading the race to have a extensive fiber-optic network and replace copper wires with Optic fibers, especially for the “last mile” i.e. the edge of the network leading into people’s homes. Verizon will spend about $18 billion (!!) by 2010 to make this upgrade and expects to sign up 175,000 TV customers by year-end. It expects to introduce product-placement based advertising on Internet TV.

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