Verizon TV Franchise Approved by New York PSC

July 30, 2008

An agreement between Verizon and the City of New York will pave the way for the company to provide television service to all five New York City boroughs. The New York City Public Service Commission (PSC) confirmed the go-ahead which follows an agreement on April 29 by the City's Department of Information Technology and Telecommunications to accept the Verizon proposal, and approval by the City's Franchise and Concession Review Committee on May 27. The New York PSC confirmation is the final governmental and regulatory step in Verizon's plan to offer FiOS TV service to New York City residents.

Verizon to Bring FiOS TV to New York City Residents

Monica Azare, Verizon senior vice president for New York and Connecticut, said, "Today is a great and historic day for New York City residents. When we launch our FiOS TV service in the city in the coming weeks, consumers will be amazed at the comprehensive channel lineup, the vast number of high-definition offerings, the clarity of the picture, and the real value they will be receiving for their entertainment dollar. All these benefits will be brought to New Yorkers by Verizon's all-fiber-optic technology, straight to consumers' doors.

Azare added, "We will have more to say soon about the introduction of FiOS TV service in New York City. But for now, we're thrilled to be able to bring FiOS TV to the people of New York."

Verizon's Broadband, Wireline, and Wireless Communications

Verizon Communications Inc., headquartered in New York, delivers broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates a wireless network, serving more than 67 million customers nationwide. Verizon's Wireline operations include Verizon Business and Verizon Telecom.