"We have also continued to execute our broadband network upgrade program in both existing and new markets," McCarthy said during the earnings call, according to a Seeking Alpha transcript. "This program will result in the expansion of 50 megabits or higher broadband capability to 2 million homes over the next year." By extending higher speed services outside of the FiOS FTTH market, McCarthy said that it will be able to more effectively compete with cable providers like Charter Communications ( NASDAQ: CHTR ) and Comcast ( NASDAQ: CMCSA ) -- two cable MSOs that can already deliver speeds of 100 Mbps and above.