Here are some of the specific numbers about Verizon’s 100% fiber network -- FiOS.  The full fact sheet is below, but here are the highlights:

FiOS

·         At the end of September 2007, Verizon had passed about 8.5 million homes and businesses – installing more than 457 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.

Data

·         At the end of September 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 20 Mbps – in more than 2,000 communities in all 16 states where the company is building its fiber-to-the-premises (FTTP) network.

·         As of September 30, 2007, Verizon has more than 1.3 million FiOS Internet customers, an increase of 202,000 229,000 during the third quarter of 2007 – or about 3,600 new FiOS Internet customers every business day.

TV

·         At the end of September 2007, Verizon’s all-digital FiOS TV service was available to more than 4.7 million premises 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 September 30, 2007, Verizon has over 717,000 FiOS TV customers.  During just the third quarter of 2007, Verizon added a net of 202,000 new FiOS TV customers -- or about 3,200 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.

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. 

Where is Verizon Deploying its Fiber Network?

·        At the end of September 2007, Verizon had passed about 8.5 million homes and businesses – installing more than 457 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 September 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 20 Mbps – in over 2,000 communities in all 16 states where the company is building its fiber-to-the-premises (FTTP) network.

·        As of September 30, 2007, Verizon has more than 1.3 million FiOS Internet customers, an increase of 202,000 229,000 during the third quarter of 2007 – or about 3,600 new FiOS Internet customers every business day.

·        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 September 2007, Verizon’s all-digital FiOS TV service was available to over 4.7 million premises 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 September 30, 2007, Verizon has over 717,000 FiOS TV customers.  During just the third quarter of 2007, Verizon added a net of 202,000 new FiOS TV customers -- or about 3,200 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 media 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 September 2007, Verizon had 862 local video franchises covering about 11.2 million households.

·        For more information on FiOS TV products and pricing, go to:

http://www.verizonfios.com/tv

October 31, 2007