Quantcast

Thursday August 24, 2017

Verizon FIOS Still Rolling Out Network in NYC

Although Verizon Communications said it stopped seeking new markets for FIOS TV, the company continues to seek customers in New York, and is rolling out fiber to reach specific network-buildout targets mandated in its franchise agreements. In NYC, FIOS must have all premises in NY's five boroughs connected by 2014. FIOS now passes around 1.8 million homes and businesses or 58% of the approximately 3.1 million households in the city.

The next hurdle for Verizon will be connecting multiple dwelling units, which require individual negotiations with property owners or co-op boards, who may already have a marketing agreement in place with a competitor and, in some cases, are being paid fees for those deals.

Multichannel News

Previous:

> FiOS Services Delayed in Manhattan