Verizon's (NYSE: VZ) move to build out FiOS in Boston, which it announced in April as part of a six-year, $300 million plan, isn't your typical fiber roll out. While the initial target will be to provide high speed broadband and video services, the network will also serve a number of other purposes including business services, a foundation for 4G and 5G wireless backhaul and smart city applications.
Donna Cupelo, Northeast regional president for Verizon, told FierceTelecom that there were two key factors in the company's decision to bring FiOS to Boston: The city's diverse business landscape and gaining cooperation from local and state government leaders. Additionally, Verizon wants to use fiber-based broadband connectivity to fuel new innovation coming out of local Boston-based universities and startup companies.
Take a look here to see Verizon's Boston fiber story.