Verizon's 40,000 wireline workers represented by the Communications Workers of America and the International Brotherhood of Electrical Workers have gone on strike after not being able reach an agreement on a new labor contract.
Verizon has struck an agreement to bring FiOS to Boston via a $300 million, six-year investment plan that will replace the city's aging copper network infrastructure with fiber.
Verizon completed its sale of wireline properties in three states to Frontier last Friday, leaving it with a wireline footprint concentrated in the Northeast U.S. market. However, financial analyst firm Jefferies says the deal creates headwinds that could affect earnings.
Verizon is running a new series of ads that tout the symmetrical speed benefits of its FTTH FiOS broadband service over competing cable offerings.
Verizon has begun running a new TV ad campaign highlighting the difference between its FTTH network and cable, a move that comes as the service provider pares down its wireline network footprint to the Northeast.
With all of the talk about 1 Gbps for residential customers, it's hard to notice how these services can impact small to medium businesses (SMBs) whose needs are exceeding the boundaries of a copper-based T-1 or DSL line. It should be of no surprise that many telcos, including AT&T, CenturyLink and Verizon are luring SMBs with fiber-based offerings.
Verizon is looking to enhance its relationship with existing and new FiOS customers in the Northeast by doubling data allotments for its wireless services on the eve of completing its sale of its wireline properties in three states to Frontier.
Verizon is offering to double the monthly mobile data allotments for new and existing wireless customers in the Northeast U.S. who also sign up for the company's FiOS service.
Verizon says the lone opposition from the State of New Jersey Division of Rate Counsel to its proposal to transfer existing landline voice service customers from copper to fiber in its Bloomfield and New Brunswick, N.J., wire centers is "without merit."
A Frontier executive reiterated recently that when it completes the cutover of the Verizon wireline assets it is acquiring in California, Florida and Texas, customers will not see any disruptions.