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Without Verizon Wireless, the value of the old Verizon — the giant telephone company that provides dial-tone service as well as Internet and fiber optic TV to millions of customers — is vanishingly small.
For all the talk of cord-cutting, the cable/satellite/fiber optic TV companies are not going anywhere anytime soon.
The sale is part of Verizon's continued efforts to shed its traditional landline phone service, and instead concentrate on upgrading customers to newer FiOS fiber optic TV, Internet and phone service.
Verizon built its Fios fiber optic TV and Internet network in nine states but stopped expanding into new markets in 2010, in part because of high installation costs.
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The company added 233,000 subscribers to its FiOS fiber-optic TV service, while losing 96,000 DSL subscribers in the quarter.
But the two biggest U.S. phone companies are beginning to behave less like partners and more like rivals: AT&T now has 30,000 customers signed up to its competing, Internet-based TV service, and Verizon has signed up about 350,000 customers to its fiber-optic TV service.
Both Verizon and CDC leave out whole categories of lines that are part of the state utility, which include alarm services or DSL or Verizon's fiber optic FiOS TV or any business service, like a wire for an ATM cash machine, or the wire to the WiFi hot spot.
Lessons do not come much pricier than Mr Allen's unfortunate forays into fibre-optic cable TV, which eventually cost him a staggering $8 billion.Perhaps Mr Allen's most ambitious effort to realise his vision of a connected world was the founding of Interval Research in 1992.
SDL sells its lasers to companies operating fiber-optic, cable TV, and satellite communication networks.
Click here to learn more about Roulette's Optics 0 0 TV EYE festival. .
But out of the networked comfort of the home and into the social space of the theater I went, for Roulette's Optics 0 0 TV EYE festival.
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