Monday November 17, 2014

Verizon: We Don't Think You Need 1Gbps

This guy seems to think that there is no real need for 1Gbps service in the home. roll eyes (sarcastic)

Speaking at the Wells Fargo 2014 Tech, Media & Telecom Conference, Fran Shammo, EVP and CFO of Verizon, said that the company has put in the network infrastructure to support 1 Gbps, but he does not see a market for it today. "We're now offering 500 Mbps in the home and you could take it to a Gig even though there's no application today that would ever need a Gig in the home," Shammo said.

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