FiOS, Cellular Won't Save Verizon, Says Sanford Bernstein (at Barron's Online)

News, analysis and insights on technology investing from Barron’s Silicon Valley bureau. FiOS, Cellular Won’t Save Verizon, Says Sanford Bernstein After billions of dollars spent over several years building FiOS, a high-speed fiber-optic network, Verizon Communications may not end up with much to show for it, writes Sanford Bernstein & Co. telecommunications analyst Craig Moffett in a note to clients today. Returning to a theme he has touched on frequently, Moffett states that “horrific line losses” and “dismal broadband gains” mean that Verizon’s, and to a lesser extent, AT&T’s wired communications network may not be able to remain competitive with the networks of Comcast , Time Warner Cable , and the other cable networks, which he describes as being economically more efficient. For both AT&T and Verizon, “the decline in... [read full story]