Verizon FTTP: On Target VS. Qwest/ATT FTTN: On Target?

Implications: Verizon appears to be on target to make their financial and customer passings targets with their FIOS FTTP system overbuild.  ATT and Qwest are building similar, but not the same FTTNode systems that incorporate copper in the solution.  So, who has the better, most salable, more competitive solution here?

Analysis: Verizon continues to make headway toward their targeted net income positive and operating income positive dates relative to rolling out their FTTP FIOS initiative.  By 2010 they say they will have passed the proposed 18 million customers, be EBITA positive this year, operating income positive the following year, and net income positive the year after that.  Meanwhile, AT&T continues to roll out Uverse FTTNode passings, targeting some 8 million passings this year and both AT&T and Verizon are trying to reach around 20% of the video market when they pass the 18 million passing mark.  If they are able to do numbers similar to these suggestions, then that leaves the CATV MSOs in a loss of customer position, similar to the RBOCs losing access lines to wireless providers and CATV MSOs/CLECs.  Only time will tell if any of the numbers are even close, but it is positive to hear that Verizon is on their proposed financial targets, after taking so much heat from investors for the $20 billion spending for the FIOS through 2010.