Verizon may be selling off a sizeable piece of its wireline network base to Frontier, but the service provider will have a concentrated FTTH base allowing it to effectively compete with Altice when the France-based company completes its Cablevision acquisition.
Boston may be willing to bend over backwards to give Verizon anything it needs to wire up the city with FTTH, but that plea fell on deaf ears as the telco recently told the City Council it won't bring the service to any new areas.
Verizon told the New York City Council during a hearing this week that it has met its obligations of homes passed with FTTH and that property owner disputes have hampered its ability to reach a number of potential customers.
The New York City Council will hold an oversight hearing Oct. 14 to determine whether Verizon has met its obligation to the city as part of its franchise agreement which said that Verizon would outfit the city with FiOS by 2014. The hearing will feature speakers from the Committee on Technology, the Committee on Oversight and Investigations, the Subcommittee on Zoning and Franchises as well as Verizon representatives and advocacy groups.
Verizon continues to make progress with its copper-to-fiber migration strategy. The service provider, according to a series of FCC filings, is retiring copper network facilities in White Plains, N.Y., Pittsburgh, Falls Church, Va., and Providence, R.I.
Verizon is now facing another attack on its FiOS buildout from Pittsburgh Mayor Bill Peduto, who says that the provider did not fulfill its FTTH commitments in the city.
Verizon is facing a call from 14 city mayors on the East Coast to expand its FiOS FTTH network into more areas that have limited access to high speed services.
Frontier Communications says it sees potential revenue opportunities to expand FiOS and business services in California, Florida, and Texas-- three markets where it will enter next year when it completes its acquisition of Verizon's assets in those states.
AT&T said it expects to report positive IP broadband net additions in the third quarter, while U-verse TV customers will drop.
Coriant has tapped former Juniper CEO and Verizon veteran Shaygan Kheradpir as its new CEO and board chairman, succeeding Pat DiPietro, who will become the company's chairman.