Verizon is ready to mark the start of construction for its fiber-optic network in Philadelphia with a ribbon-cutting ceremony tomorrow.
Verizon said there will be 100 construction, installation and maintenance employees and officials from the company, union and the city at the ribbon-cutting ceremony. Philadelphia is where the nation’s largest cable operator, Comcast, has its headquarters.
While Verizon hasn’t confirmed the figure, the cost of the Philadelphia build-out has been reported in various media outlets as $800 million to $1 billion. Verizon has said it will have its FiOS video service deployed in some areas before the end of the year.
As part of the 15-year cable franchise included in the franchise agreement legislation, Verizon will make FiOS TV available throughout the city over the next seven years (story here ).
More Broadband Direct 04/07/09:
|• Charter seeks dismissal of JPMorgan lawsuit |
|• Clearwire to use Amdocs' BSS |
|• First EuroDOCSIS 3.0 certifications granted |
|• Motorola rolls out encoder for MDUs, commercial buildings |
|• Exfo gets order for new PMD analyzer |
|• Choice Cable chooses IBBS' BBX software |
|• MetroPCS mimics landline with family `GroupLine' |
|• Sun unmoored as acquisition talks hit standstill |
|• Broadband Briefs for 04/07/09 |