Verizon, Other Fiber Builders Cautiously Optimistic About Broadband Recovery

Fiber-optic technology is beginning to hit its stride in the marketplace, with nearly 13 percent of homes in North America now able to access the super high-speed broadband connectivity, aided by a big push by Verizon Communications. At the opening of the Broadband Properties Conference in Dallas, traditional small-scale fiber-builders and Verizon - now the 800-pound gorilla of fiber-optics - were both cautiously optimistic that fiber-based broadband can help drive the US economy out of the recession.