Verizon Communications has become well versed in the ongoing telecom revolution across its wireless and wireline operations. While talk of its move towards “5G” is hot on the wireless side, the company’s move away from copper and towards fiber on the wireline side is probably more important.
Those fiber deployments are seen as key to supporting more advanced services for its enterprise and consumer markets, as well as being needed as the backbone in supporting the move to 5G. While the company has sold off a significant portion of its “noncore” wireline assets, it recently announced plans tospend $300 million on expansion into Boston.
