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Kevin Service: Verizon Invests $3B to Build Fiber Optic Network in NYC

Kevin Service: Verizon Invests $3B to Build Fiber Optic Network in NYC - top government contractors - best government contracting event
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VerizonLogo1 EbizVerizon has completed almost 17,000 miles of fiber optic work in New York City in an effort to meet data and voice communication needs of residential and business customers throughout the city.

The company’s goal is to deliver high-speed connectivity by building an all fiber infrastructure  that encompasses the city’s five boroughs, Verizon said Thursday.

Verizon offers an FiOS broadband service that aims to provide download speeds of up to 500 megabits per second and upload speeds of 100 Mbps.

“We have invested more than $3 billion in the city alone, making it one of the most ‘fiberized’ cities on the planet,” said Kevin Service, Verizon president for Northeast region.

“And we have teams out on the streets every day knocking on the doors of landlords and property-management companies, and designing and engineering how to get FiOS services from out under the streets into their tenants’ apartments, businesses and offices,” Service added.

The company tested a microtrenching technique under a pilot program designed to make fiber installations less disruptive on streets and sidewalks.

Verizon also partnered with New York-based business incubators Take the Helm and HarlemGarage to give startups access to FiOS technology.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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