Verizon nears “the end” of FiOS builds

Verizon is nearing "the end" of its fiber construction and is reducing wireline capital expenditures while spending more on wireless.

Although FiOS competes strongly against cable companies like Comcast, the expense of replacing old copper lines with fiber led Verizon to stop building in new regions and to complete wiring up the areas where it had already begun. Verizon even partnered with cable companies in 2012 to resell cable service in bundles with Verizon Wireless in areas where FiOS was never built. Verizon doesn't seem to want to maintain its copper telephone network either, with many customers and advocacy groups complaining that the company drags its feet in fixing problems in order to force users onto fiber or wireless.