I checked into Google Fiber some time ago, IIRC it was about the same as Comcast and Uverse, they still do not have service in my area, but I would be tempted to give them a try it they did.

Re CapEx, yeah, it is always the big lever AT&T and VZ use to make their earnings, each have CapEx budgets around the $20B mark, so they can easily dial back one or two billion to tweak earnings.

On a side note, I went back to 10% in equities in my work 401K, put 90% in the guaranteed fund.  Still do not have a good feel for this market.  That said, I am coming around to expecting a drop in the S&P of no more than 25%.  Oil after all is much closer to the bottom than not, and there have already been some 50 bankruptcies in the oil sector, JPM also announced an $800M reserve with maybe another $1.5B if oil remains under 30 for a long while.  These are the tangibles the market needs in order to get pass the uncertainties.