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The Channel Wire
June 19, 2008
Next week, Verizon will offer its 10 million customers faster FiOS Internet service. At the maximum 50-Mbps download (20-Mbps upload) speed, FIOS is considered the fastest service available. Verizon expects its customer base to grow to more than 18 million by 2010.

At the NXTcomm conference in Las Vegas Wednesday, Verizon President and CEO Denny Strigl said the company is expanding its FiOS Internet connections of 50/20-, 20/20-, 20/5- and 10/2-Mbps across all of the telecom provider's FiOS Internet service footprint in 16 states.

"The appetite for bandwidth shows no signs of slowing down. Neither will we," Strigl said in his remarks. "We've already had successful trials of the 100-megabit home, which will be a reality faster than anybody thinks."

The 50/20-Mbps and 20/20-Mbps FIOS services have been available in Connecticut, Florida, Massachusetts, New Jersey, New York and Rhode Island. Verizon will expand those offerings to new Verizon FiOS customers in parts of California, Delaware, Indiana, Maryland, Oregon, Pennsylvania, South Carolina, Texas, Virginia and Washington, replacing existing offerings of 30/15-Mbps and 15/15-Mbps services.

The midtier connection speed in those markets for new customers is being increased to 20/5-Mbps from 15/2-Mbps, and the basic service tier is being increased to 10/2-Mbps from 5/2-Mbps.

In addition, according to Reuters, Strigl told reporters Wednesday that it was trying to win more video licenses in cities so that it can step up expansion of its FiOS Internet and video service and hoped to win regulatory approvals in Philadelphia and Washington, D.C., next year.

Posted by Jennifer Bosavage at 9:38 AM
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