To say that Verizon will be spending $300 million to install fiber-optic cable in the city of Boston misses the bigger point.
Over six years, Verizon will replace its copper wire with fiber optic cable for Internet and, potentially, cable TV service to homes and businesses. But there’s a lot more to the deal announced with Boston on Tuesday.
Verizon and the city will get a fiber “platform,” the two parties said, which is another way of saying that there will be many other uses for the new fiber optic cable.
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Source: COMPUTER WORLD