Tuesday, July 29, 2014
Inquirer Daily News

State Concerned that Verizon NJ Renewal Will Slow Fiber Deployments

Verizon New Jersey, a relative newcomer to delivering cable TV programming to customers, has racked up impressive numbers luring subscribers away from traditional providers since winning its statewide franchise in 2006.

State Concerned that Verizon NJ Renewal Will Slow Fiber Deployments

Verizon Communication Inc.´s FiOS TV service will surcharge millions of customers $2.42 a month for regional sports networks.
Verizon Communication Inc.'s FiOS TV service will surcharge millions of customers $2.42 a month for regional sports networks.

Verizon New Jersey, a relative newcomer to delivering cable TV programming to customers, has racked up impressive numbers luring subscribers away from traditional providers since winning its statewide franchise in 2006.

So far, it has signed up more than 600,000 customers in about 352 municipalities in 19 counties around the state. In New Jersey, its investment in laying new fiber optic lines to deliver cable and Internet service and conventional copper-line capabilities has totaled more than $4 billion, according to company executives -- a big boost to the state’s economy. Its fiber optic system has bypassed more than 2.2 million New Jersey homes.

Still, some state regulators ask, "Is that all there is?"

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