Equity deals for fiber optic service providers are up at the 9-14x cash flow range for companies that are growing 15-25% a year.
That is faster than many digital subscriber lines' Internet service today, yet glacial next to the fiber-optic service now available to many consumers.
While cable firms have been winning the war for broadband subscribers, Verizon is launching fiber-optic service in New York City, a top TWC market.
Verizon's "FiOS" fiber-optic landline service is also dependent on power and backup batteries.
The Wall Street Journal reported Tuesday that Verizon Communications is in talks with Google 's YouTube to push its short video clips to Verizon Wireless cellphones as well as to subscribers to its fiber-optic TV service.
The company also has invested hundreds of millions of dollars in fiber-optic communications to provide broadband service to business customers, Azarbad said, and that investment is showing the first signs of paying off while capital expenditures tail off.
FORBES: Shorts Battle The Longs Over Rural Fairpoint Communications
Level 3, for example, is laying thousands of miles of fiber-optic lines to support its nationwide IP service.
The funding is integral to a smart grid initiative and broadband service based on an open-connectivity fiber optic backbone network.
Google says it doesn't provide phone service and may leave that to Provo's current fiber-optic operator, Veracity Networks.
The city already has a fiber-optic network in place, built in 1995 with the aim of luring Internet service providers to hook up citizens with low-cost Internet.
FiOS, Verizon's fiber-optic solution, and Exede, ViaSat's high-bandwidth satellite service -- two common secondary offerings -- happen to be the two frontrunners in the FCC's latest broadband performance report, which rates companies based on actual download and upload speeds compared to advertised bandwidth, among other metrics.
应用推荐