Verizon to Install Fiber-Optics Network in Five Boroughs of New York
Posted on: Wednesday, 21 May 2008, 09:00 CDT
Verizon has informed the New York City Franchise and Concession Review Committee to install its advanced fiber-optics network throughout all five boroughs of the city and provide real TV choice to some 3.1 million households. The company plans to offer competitive cable service to New Yorkers in later 2008.
Verizon's proposal to offer service in every neighborhood in New York City is in competition with the cable monopoly. This 12-year proposed agreement is unprecedented in scope and is designed to serve the needs of approximately 3.1 million households that will have access to FiOS TV, including households in multiple dwelling units.
Thomas Dunne, Verizon vice president for government affairs in New York, in testimony submitted to the committee, said: "We have the people, knowledge, resources and dedication to service to do the job and build our FiOS fiber-optic system in every New York City neighborhood. We are eager to bring cable TV competition to the entire city."
Source: Datamonitor
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