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Home > Verizon Network Expansion in New York Tops $1.34 Billion in 2008
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Verizon Network Expansion in New York Tops $1.34 Billion in 2008

February 27, 2009

By Mike Peters

Verizon has reported that in 2008 it invested $1.34 billion for network expansion and enhancement programs in New York.

"Verizon is a major investor in the New York economy, and we demonstrated that again in 2008," said Andrés Irlando, Verizon senior vice president for the New York region. "Our continuing investments pay off now and in the future for our customers in terms of advanced and reliable products and services, for our employees in terms of good jobs with good wage-and-benefit packages, and for the state in general, which benefits from a rock-solid communications network that enables businesses to thrive."

Verizon Enhances FiOS TV and High-Speed Internet with More HD and Faster Speeds

Verizon also announced that the following New York initiatives were completed in 2008: expanding the company's FiOS TV service to more New York communities; building its FiOS network with Internet speeds of up to 50 Mbps deeper into communities where the services already exist, with plans to expand that network to many more communities by the end of 2009; launching FiOS TV service to two critical markets in the state in 2008 -- New York City and western New York; bringing Verizon's high-speed Internet service at 7 Mbps to more than 2.2 million qualifying customers in parts of hundreds of communities across the state; significantly enhancing FiOS TV offerings by adding more than 135 new channels, including 79 more high-definition (HD) channels, to the company's channel lineup in New York resulting in more than 500 total channels and more than 100 HD channels in all of Verizon's New York markets.

Verizon Offers Advanced Broadband Products to Consumers and Businesses

"We are focused on building the most advanced telecommunications network in the region," said Irlando. "A world-class telecommunications infrastructure, one built on the most modern technology available in the world today, is vital to the growth of small and medium-sized businesses in New York and to the state's economy.