Syracuse, N.Y., is tired of waiting for its two local service providers Verizon and Time Warner Cable to give it better broadband service so Mayor Stephanie Miner is investigating how the city could build its own fiber-based broadband network.
Verizon Communications is handling about 300,000 conversions from copper to fiber per year but it still has about 1 million homes left to convert to fiber before it wraps up its entire conversion plan that it has been working on for three years, said a top company executive today.
Verizon may be reaching the upper limit of penetration for fiber to the home (FTTH), but its move to provide symmetric speeds across all of its service offerings shows its desire once again to beat cable with fiber--particularly in the upstream direction.
Verizon Communications will commercially launch its LTE broadcast network in 2015 enabling it to broadcast events, such as sporting events, to a large number of subscribers at the same time. Fran Shammo, Verizon's CFO, said that the company will have the LTE broadcast network ready in third quarter with commercial launch next year. Shammo announced this development during the company's second quarter earnings call today.
Verizon's FiOS results bounced back in the second quarter, with revenues rising 14.4 percent year-over-year to $3.1 billion due to an uptick in both broadband and video subscriptions.
Verizon Communications is giving its FiOS data customers another reason to smile about their experience by upgrading all of its existing data tiers to symmetrical speeds.
Verizon is sweetening the FiOS user experience by giving users access to a two-month virtual concert on demand through a partnership with Music Choice and supplemented with additional concert content from AXS TV and Concert TV.
Verizon FiOS user Paul McNamara reported that his TV, phone and broadband services were cut off due to ants eating through the outer casing of the fiber optic cable that brings service into his home.
Verizon may be aggressively bringing fiber to the home (FTTH) services into multi-dwelling units (MDUs)--particularly in areas like New York City--but the segment has a number of unique attributes.
Verizon has taken another step in transitioning its copper network to all-fiber in western Fire Island, New York, as the state's Public Service Commission (PUC) said it recommended closing its review of the telco's plans.