toggle

AAPL Stock: 112.92 ( + 3.23 )

Printed from http://www.macnn.com

Verizon drops DSL in FiOS areas, hints prepaid smartphone

updated 09:25 am EDT, Thu April 19, 2012

Verizon sheds legacy wired tech as FiOS ramps up

Verizon during a call discussing its winter 2012 results made clear that it was shedding large parts of its legacy business in wired technology. It would stop adding DSL subscribers in those areas where FiOS was active, steering everyone towards the fiber service that's now 63 percent of Verizon's home landline revenue. It was implied that existing DSL users would get support until they left Verizon or upgraded to FiOS.

There was also a new speedup planned for FiOS to adapt to the market, Verizon said. Details weren't given other than that it would appear by the end of the year.

Along with the shift away from DSL, Verizon was likewise cutting legacy businesses that it didn't believe were making sense regarding goals. Both payhones and calling cards were going away, Verizon said. Exact timelines weren't given for the exits, but they reflected the near-total ubiquity of cellphones and factors like Internet calling that reduced the need for long distance calls.

As a final teaser, Verizon hinted that a prepaid smartphone was coming in the near future. Little was mentioned outside its expected low cost.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented