This is becoming a quarterly affair, so I thought I’d again repurpose for the blog this fact sheet on our fiber optic deployment.
The numbers tell a remarkable growth story, and are the reason some of the most keen observers of this space are noticing.
Below is the full fact sheet, but first here a few highlights:
· As of June 30, 2007, Verizon has more than 1.1 million FiOS Internet customers, an increase of 203,000 during the second quarter of 2007. Here is the “millionth’)
· Verizon expects to attract up to 7 million FiOS Internet customers by year-end 2010 – a penetration rate of 35 percent to 40 percent.
· At the end of June 2007, Verizon had over 515,000 FiOS TV customers.
· During just the second quarter of 2007, Verizon added a net of 167,000 new FiOS TV customers -- or about 2,600 new customers every business day.
· Verizon expects to attract from 3 million to 4 million FiOS TV customers by 2010, which would be a market penetration of 20 percent to 25 percent.
· As of August 3, 2007, Verizon had 835 local video franchises covering about 11 million households.
And Eric notes, we have already deployed enough fiber to circle the earth more that three times at the Equator!
FiOS Fact Sheet
Verizon is the only major U.S. telecom company building an advanced, all-digital fiber-optic network, on a mass scale, all the way to customers’ homes. As a result, only Verizon's fiber-to-the- premises (FTTP) network has earned the certification of the independent Fiber to the Home Council.
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California |
New Jersey |
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Connecticut |
New York |
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Delaware |
Oregon |
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Florida |
Pennsylvania |
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Indiana |
Rhode Island |
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Maryland |
Texas |
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Massachusetts |
Virginia |
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New Hampshire |
Washington |
Where is Verizon Deploying its FTTP Network?
· At the end of June 2007, Verizon had passed nearly 7.6 million homes and businesses – installing more than 442 million feet of fiber in parts of 16 states.
· Verizon expects to continue passing some 3 million premises annually through 2010, when the company expects to have passed about 18 million homes, or over half the homes it serves.
· Verizon will begin boosting speeds and capabilities on its all-fiber network when it begins deploying advanced G-PON electronics in 2007. This technology can increase downstream broadband speeds by up to four times, and upstream speeds by eight times.
· Verizon is investing nearly $23 billion in the FiOS project, between 2004 and 2010.
What Broadband Products is Verizon Delivering on its All-Fiber Network?
· At the end of June 2007, Verizon was marketing its industry-leading, high-speed FiOS Internet service – with downstream speeds of up to 50 Mbps and upstream speeds of up to 10 Mbps – in over 1,800 communities in all 16 states where the company is building its FTTP network.
· As of June 30, 2007, Verizon has more than 1.1 million FiOS Internet customers, an increase of 203,000 during the second quarter of 2007.
· Verizon expects to attract up to 7 million FiOS Internet customers by year-end 2010 – a penetration rate of 35 percent to 40 percent.
· For more information on products and pricing, go to: http://www.verizon.com/fiberoptics
What Video Products is Verizon Delivering on its All-Fiber Network?
· At the end of June 2007, Verizon’s all-digital FiOS TV service was available to over 3.9 million premises in nearly 500 communities in 12 of the states where the company is building FTTP: California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Texas and Virginia.
· As of June 30, 2007, Verizon has over 515,000 FiOS TV customers. During just the second quarter of 2007, Verizon added a net of 167,000 new FiOS TV customers -- or about 2,600 new customers every business day.
· Verizon's FiOS TV delivers hundreds of digital video and music channels, high-definition programming, video-on-demand content, a robust interactive program guide and other customer-friendly features.
· Verizon expects to attract from 3 million to 4 million FiOS TV customers by 2010, which would be a market penetration of 20 percent to 25 percent.
· As of August 3, 2007, Verizon had 835 local video franchises covering about 11 million households.
· For more information on FiOS TV products and pricing, go to:
http://www.verizonfios.com/tv