Verizon extends FiOS to 3.7M more homes and businesses in Connecticut, New York
Verizon (NYSE: VZ) may have curtailed any new FiOS expansions, but in Connecticut and New York it continued to put the fiber to the premises (FTTP)-based service into the hands of more users, making it available to a total of 3.7 million homes and businesses in both states as of the end of 2013.
The service provider invested more than $1.6 billion to deploy a total of nearly 30,000 miles of fiber optics in the two states.
New York saw the largest investment in fiber.
Following Superstorm Sandy, the service provider accelerated its fiber buildout in 2013 to replace copper cables that were destroyed by flooding.
It installed fiber cables and associated equipment throughout lower Manhattan and in some of the coastal neighborhoods in Brooklyn, such as Coney Island and Sheepshead Bay, and in Queens, such as Belle Harbor and Breezy Point, and on Long Island.
In addition, Verizon struck an agreement with the City of New York to conduct a pilot program of "microtrenching," which it says enables fiber cables to be installed in a way that's less disruptive to the city's streets and sidewalks.
Finally, the service provider collaborated with business incubator Harlem Garage to provide its 300 Mbps FiOS Internet service to New York City entrepreneurs.
By partnering with Take the HELM, the company said it "also provided free FiOS Quantum Internet service to entrepreneurs who won a business planning competition and who locate their operations in lower Manhattan."
But FiOS was only one part of the story.
The telco also enhanced its environmental agenda by installing fuel cell technology to power central office buildings in Brooklyn, Queens and Staten Island in New York and a data center in Elmsford in Westchester County.
- see the release
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