Verizon buying Frontier

That technology certainly exists but you haven't shown that any fiber ISPs are using it.

PON doesn't strike me as something that could be deployed with multiple routes between the CO and the home.
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Yes, Verizon uses Passive Optical Network (PON) technology for its fiber network:

  • NG-PON2
    Verizon uses NG-PON2 for its next-generation fiber upgrades. NG-PON2 has four wavelengths, each operating at 10 Gbps, which can be combined to offer up to 40 Gbps. Verizon chose NG-PON2 because it simplifies the network, eases the upgrade path, and is scalable to at least 100 Gbps.

  • B-PON
    Verizon has been using broadband passive optical network (B-PON) technology since it began construction of its all-fiber network in 2004.

  • FiOS
    FiOS, which stands for Fiber-Optic Services, operates on a passive optical network (PON). FiOS transmits data using light through thin, flexible glass fibers.
Verizon's fiber-optic network provides nearly unlimited bandwidth for voice, internet, and high-definition TV services.
 
My local ISP fiber optic network also uses PON:

Wabash Communications utilizes a PON (Passive Optical Network) technology within their fiber optic network, meaning they use a shared fiber infrastructure to deliver internet service to multiple customers from a single point of distribution.

As does Spectrum:

Spectrum's fiber optic network utilizes a Passive Optical Network (PON) technology, which allows them to deliver internet service to multiple homes from a single fiber optic cable using passive optical splitters, making it a cost-effective way to deploy fiber internet.
 
I don't think you'd even want to be "home run" to the AP; a cut cable could then cut service. Better it gridded such that with a cut, the service can come from another direction.
 
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