After Billions in Subsidies, The Final Verizon FiOS Map Is Bleak as Hell
The other issue is the significant subsidies allotted to Verizon specifically for the fact that it was supposedly upgrading to fiber cables in the first place. Subsidies that Verizon did some wildly sketchy legal footwork to make damn sure it got. By supposedly upgrading its copper-based phone cables to FiOS fiber, it was eligible for the government subsidies that are supposed to help offset construction costs. Except, as TechDirt uncovered last year, Verizon didn't actually have any increased construction costs. Most likely due to the fact that while its been coughing up the money for its sporadically placed fiber service, it's been neglecting its coper-based phone service almost entirely.
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The other issue is the significant subsidies allotted to Verizon specifically for the fact that it was supposedly upgrading to fiber cables in the first place. Subsidies that Verizon did some wildly sketchy legal footwork to make damn sure it got. By supposedly upgrading its copper-based phone cables to FiOS fiber, it was eligible for the government subsidies that are supposed to help offset construction costs. Except, as TechDirt uncovered last year, Verizon didn't actually have any increased construction costs. Most likely due to the fact that while its been coughing up the money for its sporadically placed fiber service, it's been neglecting its coper-based phone service almost entirely.
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