By Sean Buckley, FierceTelecom, Jan 23, 2018
Verizon may still be wading through ongoing revenue challenges in its wireline segment, but the company thinks it has an ace in the hole: expanding and enhancing its fiber network.
Matt Ellis, CFO of Verizon, told investors during its fourth- quarter earnings call that Verizon's ongoing fiber rollout could help ease wireline revenue pressure to satisfy consumer and business broadband desires.
"Wireline will be on a similar trajectory that you've seen in the past few years," Ellis said. "As we continue to deploy more fiber in the network, it gives us opportunities to replace some of those earnings that were on copper-based products with fiber-based products, which should be more sustainable."