writes, "LightReading reports that Verizon will invest $18B into FTTH. The company says its fiber-based service will become profitable after four years, and expects by then to have 7 million customers using FiOS for Internet access."
For perspective, have a look at Bruce Kushnick's book $200 Billion Broadband Scandal
. His site has a page detailing phone company promises of fiber since 1993
. We have been paying for these undelivered promises for years. By now we should have 86 million homes wired with FTTH at 100 Mbits/sec.