Verizon definitely has something to be happy about today. The company's fiber lines are paying off in a big way. And to think, no one thought it was a good idea when they invested?
Verizon took a chance by investing $23 billion in residential FiOS networks. A lot of analysts thought it wasn't worth it, but subscriber growth rates have proven that idea otherwise. DSL and landline subscribers are shrinking, but FiOS and wireless subscribers are definitely on the wise.