This paper outlines Raynet's fiber-to-the-subscriber system and its evolution to a fiber-to-the-home system. The Raynet system uses resource sharing to provide a full mix of concurrent POTS, Basic ISDN, AM Video and Broadband ISDN services. A fiber-to-the-subscriber system must be cost competitive with today's copper systems. The requirement to support AM video and digital broadband services must have a very low impact on the system's installed cost. The upgrade must be non-service effecting and must gracefully support a full mix of services on a nonblocking basis.