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Verizon Invested More Than $348 Million in Texas’ Wireline Telecommunications Infrastructure in 2013

March 31, 2014

Verizon’s Investments in Broadband, IP Networks Fuel Innovation, Economic Growth

IRVING, Texas, March 31, 2014 /PRNewswire/ — Texas consumers, businesses and government agencies continued to benefit from Verizon’s investment of more than $348 million in its industry-leading fiber-optic and Internet Protocol-based networks.

“Verizon – with its strong network and its assets in Texas — helps feed its customers’ growing demand for faster broadband speed, high-quality video and sophisticated communications,” said Pedro Correa, Texas region president. “We focus on our customers every day to provide them with the very best experience, from the quality and reliability of our networks, to the breadth of our products and services, to the expertise of our customer-service employees.”

Consumers, Small Businesses Take Quantum Leap for Innovative Services

Verizon’s major wireline infrastructure programs in 2013 included:

    --  Continued deployment of the company's award-winning, 100 percent
        fiber-optic FiOS TV and FiOS Internet services. At year's end, FiOS
        services were available to more than half a million Texas homes and
        businesses in the Dallas-Fort Worth area. Verizon has placed more than
        8,600 miles of fiber optics in Texas - enough to wrap around the state
        more than three times.
    --  Enhancing the FiOS Bandwidth Effect, which enables consumers and small
        businesses to harness huge amounts of broadband.
        --  FiOS Quantum, with speeds up to 500 Mbps down and 100 Mbps up, is
            America's fastest Internet. Other Quantum speeds include 300/65
            Mbps, 150/65 Mbps, 75/35 Mbps and 50/25 Mbps. All Quantum tiers
            offer upload speeds that rival or exceed most download speeds
            offered by competitors.
        --  Best of Denton County named Verizon as Best Internet Service
            Provider for 2013.
        --  The ultra-fast speed helps delivers technology that gives people the
            best way to stream videos, conduct video chats and use multiple
            Internet devices simultaneously, among other bandwidth-intensive
            applications.
        --  Multi-player gaming advantages with tremendous speed vs.
            competitors.
    --  Delivering FiOS TV anytime, anywhere on a variety of devices:
        --  The FiOS Mobile App allows customers to manage their Verizon account
            and their life - wherever they are - on a variety of
            Internet-connected devices. Best of all, they can watch up to 31
            channels outside the home and 91 channels inside the home, depending
            upon their TV package.
        --  FiOS TV Online, offering 71 channels over a broadband-connected PC,
            laptop, tablet or smartphone.
        --  Advanced, interactive search and navigational experience.
        --  Multi-Room DVR.
        --  Advanced, interactive TV Apps.
        --  Industry leading 70,000-plus FiOS On Demand video titles customers
            can rent or own, plus thousands of premium-content packages with
            sports, movie and international programming.
    --  Comprehensive choice including month-to-month plans and multiyear
        bundles.
    --  In-Home Agent application for automated self-service.
    --  Advanced, FiOS Digital Voice home phone service.
    --  Investing in superior customer experiences: Verizon has improved phone
        service reliability for more than 500,000 customers who had repeat
        repair calls on their Verizon landline phone service by moving their
        service from copper to the company's advanced, all-fiber infrastructure.
        Nationwide, Verizon now serves more landline customers on its all-fiber
        infrastructure than on its legacy copper network. Fiber is less
        susceptible than copper to moisture and water damage and offers a better
        overall service experience.

Enterprise Business Solutions Tailored to Meet Client Needs

Verizon Enterprise Solutions oversees all of Verizon’s solutions for large-business and government customers in Texas and globally, including a portfolio of cloud and IT, enterprise mobility, security and advanced communications offerings. Its key client segments include healthcare, manufacturing and automotive, financial services and large government agencies. In 2013, Verizon:

    --  Acquired EdgeCast and the assets of upLynk to further the company's
        delivery of media and entertainment services. These acquisitions enable
        Verizon to enhance delivery of end-to-end video solutions for
        best-in-class TV Everywhere and superior experiences to customers such
        as studios, broadcasters, retailers and enterprises that seek
        high-performance digital experiences across all devices.
    --  Announced its next-generation public cloud platform, Verizon Cloud.
        Verizon Cloud offers large enterprises, mid-size companies and small
        development shops the agility and economic benefit of a generic public
        cloud along with the reliability and scale of an enterprise-level
        service with unprecedented control of performance and security. Verizon
        Cloud is currently in beta.
    --  Launched Converged Health Management, a remote patient-monitoring
        medical platform designed to help clinicians and patients manage
        patients' health in between doctor visits. Verizon's newest solution
        addresses the day-to-day communications gap that has historically
        existed between patients and clinicians.
    --  Introduced Managed Wireless ATM, a fully managed, wireless automated
        teller machine solution that banks can deploy to their remote ATMs, at
        events or for business continuity planning.
    --  Rolled out rolled out "In Drive" service in conjunction with insurance
        companies. In Drive, developed by Verizon Telematics, offers drivers an
        opportunity to save money on auto insurance, based on their driving
        habits.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network, with nearly 103 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with more than $120 billion in 2013 revenues, Verizon employs a diverse workforce of 176,800. For more information, visit www.verizon.com.

VERIZON’S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts and other information are available at Verizon’s online News Center at newscenter.verizon.com. The news releases are available through an RSS feed. To subscribe, visit newscenter.verizon.com/corporate/feeds.

SOURCE Verizon


Source: PR Newswire



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