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Verizon takes advantage of Superstorm Sandy to accelerate copper-to-fiber migration

Lowell McAdam, CEO of Verizon Communications (NYSE: VZ), on Tuesday revealed that the telco will replace the decades-old copper wires that were severely damaged by Hurricane Sandy with fiber. McAdam told attendees at the UBS Financial conference that while the company could not offer an estimate on the actual damage to its network, he sees an opportunity to "take advantage of this disruption" a...
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