Welcome!

News Feed Item

Verizon Invested More Than $400 Million in Massachusetts' Wireline Telecommunications Infrastructure in 2013

Verizon's Investments in Broadband, IP Networks Fuel Innovation, Economic Growth

BOSTON, March 25, 2014 /PRNewswire/ -- Massachusetts consumers, businesses and government agencies continued to benefit from Verizon's 2013 investment of more than $400 million including the additional construction of new fiber optics, now reaching more than 18,000 miles in the Bay State, enough to go more than halfway around the world.

And there is much more to come as Verizon continues to invest heavily in Massachusetts, building the world's most technologically advanced network of voice, data and video communications that will help continue to grow the economy in the Bay State.

"Verizon's investment in Massachusetts in recent years has been unprecedented," said Allison G. Cole, Verizon's New England region president of consumer and mass markets. "In the past five years our company has invested more than $2 billion in Massachusetts. No company has done more. Massachusetts is a leader in technology, education and healthcare, and the new state-of-the-art Verizon wireless and fiber-optic networks play a huge role in that.

"The technology sector continues to be an engine that is driving the Massachusetts economy, and it relies heavily upon advanced communications networks like Verizon's 4G LTE and fiber optic networks to spur economic development in Massachusetts," said Cole.

Last year, Verizon invested approximately $412 million in Massachusetts and deployed more fiber-optic cables and equipment, now totaling more than 18,000 miles. Major initiatives in 2013 in Massachusetts included:

  • Expansion of Verizon's award-winning 100 percent FiOS voice, Internet and TV services to two more communities -- Medford and Raynham -- bringing competition and cable choice to residents and businesses in those communities. FiOS voice, Internet and TV services are now available to more than 1 million Massachusetts homes and businesses in 113 cities and towns.
  • Installed 3,120 solar panels at its data center at 41 Alexander Rd. in Billerica. The panels cover about two acres of land and will save about 1.5 million kilowatt hours annually. The energy conservation project removes about 1,025 metric tons of carbon dioxide a year. That's equivalent to avoiding the carbon dioxide emissions of 214 cars annually. The project will save Verizon about $175,000 in energy costs annually.
  • Improved phone service for thousands of Massachusetts residential and small-business customers who had repeat repair issues by upgrading their service from copper to the company's advanced, all-fiber infrastructure. Nationwide, Verizon now serves more landline customers on its all-fiber infrastructure than on its legacy copper network. Fiber is less susceptible than copper to moisture and water damage and offers a better overall service experience.

"Verizon's advanced networks enable commerce to thrive, businesses to open new markets, students to learn and parents to stay in touch with their children," said Cole. "Our new networks have removed traditional technological boundaries, empowering people and businesses to connect however, whenever and wherever they want. This 'borderless lifestyle' brings great benefits to our customers, employees, suppliers and communities."

Consumers, Small Businesses Take Quantum Leap for Innovative Services

Verizon's major wireline infrastructure programs in 2013 also included:

  • Enhancing the FiOS Bandwidth Effect, which enables consumers and small businesses to harness huge amounts of broadband.
    • FiOS Quantum, with speeds up to 500 Mbps down and 100 Mbps up, is America's fastest Internet. Other Quantum speeds include 300/65 Mbps, 150/65 Mbps, 75/35 Mbps and 50/25 Mbps. All Quantum tiers offer upload speeds that rival or exceed most download speeds offered by competitors.
    • The ultra-fast speed delivers technology that gives people the best way to stream videos, conduct video chats and use multiple Internet devices simultaneously, among other bandwidth-intensive applications.
    • Multi-player gaming advantages, with tremendous speed versus competitors.

 

 

 

Enterprise Business Solutions Tailored to Meet Client Needs

Verizon Enterprise Solutions oversees all of Verizon's solutions for large-business, wholesale and government customers in Massachusetts and globally, including a portfolio of cloud and IT, enterprise mobility, security and advanced communications offerings. Its key client segments include healthcare, manufacturing and automotive, financial services and large government agencies. In 2013, Verizon:

  • Acquired EdgeCast and the assets of upLynk to further the company's delivery of media and entertainment services. These acquisitions enable Verizon to enhance delivery of end-to-end video solutions for best-in-class TV Everywhere and superior experiences to customers such as studios, broadcasters, retailers and enterprises that seek high-performance digital experiences across all devices.
  • Announced its next-generation public cloud platform, Verizon Cloud. Verizon Cloud offers large enterprises, mid-size companies and small development shops the agility and economic benefit of a generic public cloud along with the reliability and scale of an enterprise-level service with unprecedented control of performance and security. Verizon Cloud is currently in beta.
  • Launched Converged Health Management, a remote patient-monitoring medical platform designed to help clinicians and patients manage patients' health in between doctor visits. Verizon's newest solution addresses the day-to-day communications gap that has historically existed between patients and clinicians.
  • Introduced Managed Wireless ATM, a fully managed, wireless automated teller machine solution that banks can deploy to their remote ATMs, at events or for business continuity planning.
  • Rolled out "In Drive" service in conjunction with insurance companies. In Drive, developed by Verizon Telematics, offers drivers an opportunity to save money on auto insurance, based on their driving habits.

 

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 103 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with more than $120 billion in 2013 revenues, Verizon employs a diverse workforce of 176,800. For more information, visit www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts and other information are available at Verizon's online News Center at newscenter.verizon.com. The news releases are available through an RSS feed. To subscribe, visit newscenter.verizon.com/corporate/feeds.

SOURCE Verizon

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
In his session at 18th Cloud Expo, Andrew Cole, Director of Solutions Engineering at Peak 10, will discuss how the newest technology advances are reducing the cost and complexity of traditional business continuity and disaster recovery solutions. Attendees will: Learn why having a full disaster recovery strategy is more important now than ever before Explore the key drivers of a successful disaster recovery solution Achieve measurable operational and business value from a disaster recovery ...