Broadband Battle: Verizon's Fiber Strategy Working But Enterprise Disappoints

A quick thought on this morning’s earnings from Verizon. The most noteworthy news out of the announcement, besides the fact that Verizon’s business model is mostly holding up during the recession, is the strong performance of the company’s audacious fiber optic investment. Still, Wall Street seems to be focusing more on the negative data points, as its stock is down around $2, or 5%.

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