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Verizon Invested More Than $600 Million in 2012 on Wireline Communications, IT Infrastructure in Maryland and Washington, D.C.



Verizon Invested More Than $600 Million in 2012 on Wireline Communications, IT
               Infrastructure in Maryland and Washington, D.C.

Company's Innovation and Broadband, Internet Protocol Investments Are
Platforms for Economic Growth

PR Newswire

WASHINGTON, Feb. 13, 2013

WASHINGTON, Feb. 13, 2013 /PRNewswire/ -- Continuing to meet the growing
broadband, communications and information needs of Maryland and Washington,
D.C. consumers and businesses, Verizon invested more than $600 million in its
wireline networks and information technology infrastructure in the region in
2012. 

"The economic health of Maryland and the District of Columbia, and the people
who live and work there, is increasingly tied to robust and modern
communications networks, and Verizon's significant infrastructure investments
provide a prescription for growth," said Chris Childs, area president for
Verizon's Potomac region, which includes Maryland, Virginia and Washington,
D.C.  "Advanced networks spur innovation, commerce, business development,
learning and communication at an accelerated pace.

"Our infrastructure investment breaks down traditional technological
boundaries, empowering people and businesses to connect however, whenever and
wherever they want.  This creates opportunities that are borderless and bring
great benefits to our customers, employees, suppliers and communities," said
Childs.

More than half of U.S. consumers say Internet service is their home's most
important convenience, according to the recent Verizon FiOS Innovation Index –
a series of consumer research surveys.  More than 50 percent of all survey
respondents also indicated an interest in remote health monitoring and virtual
medical visits, which are enabled by ultra-high-speed networks and innovative
applications.

"Whether it's touring the Louvre from your laptop, watching TV on your tablet,
or monitoring blood pressure online, our networks are helping consumers and
businesses advance their own agenda and remove technological boundaries," said
Childs.

Innovation That Creates Consumer Choice, Delivers Rich Customer Experiences

Verizon's major wireline infrastructure programs in 2012 included:

  o Continued deployment of the company's award-winning, 100 percent
    fiber-optic FiOS TV and FiOS Internet services.  At year's end, FiOS
    services were available to more than 1.3 million homes and businesses in
    Maryland and the District.
  o The introduction of breakthrough speeds with FiOS Quantum Internet for
    consumers and small businesses, featuring download/upload speeds of 50/25,
    75/35, 150/65 and 300/65 megabits per second (Mbps).  The two highest
    downstream speed offers – 150 and 300 Mbps – and the new 65 Mbps upstream
    speed are some of the nation's fastest mass scale Internet speeds
    available.  (This FiOS Internet speed grid shows specific examples of the
    benefits of faster downstream and upstream speeds.)
  o Continued FiOS innovation:

       o FiOS TV anytime, anywhere, on a variety of devices, including Flex
         View and FiOS TV Online, to which Verizon added 12 new brands,
         representing more than 50 channels, including Showtime, FOX, VH1, NFL
         Network and NFL RedZone.
       o TV beyond the set-top box, featuring 75 live, linear channels
         delivered via Xbox, iPad and an array of Samsung and LG smart TVs and
         Blu-ray players
       o Content enhancement by adding 28 new channels, such as BBC HD and
         Cartoon Network HD; more than 17,000 video-on-demand titles,
         including free VOD from NBA TV; and a significant expansion to our
         free on-demand offerings from TBS, TNT, Cartoon Network and
         Showtime.  FiOS TV now offers more than 50,000 VOD titles each month.

  o Investing in superior customer experiences: More than 200,000 customers
    nationwide who had repeat repair calls on their landline phone service
    moved their service from Verizon's copper network to the company's
    all-fiber infrastructure, which is less susceptible than copper to
    moisture and water damage and offers a better service experience.
  o Continued deployment of fiber-optic links to wireless providers' cell
    sites throughout Maryland and the District as these carriers expand their
    infrastructure to meet ever-growing demand for wireless broadband and
    advanced 4G services.  In 2012, Verizon deployed fiber optics to connect
    241 of these sites in these areas. 

Next-Generation Business Solutions Delivered Today

Verizon Enterprise Solutions oversees all of Verizon's solutions for large
business and government customers in Maryland and the District – and globally
– including its portfolio of cloud and IT, enterprise mobility, security and
advanced communications offerings.  It also offers specialized solutions for
key industries such as health care, retail, energy and utilities, and
financial services.  In addition, Verizon Enterprise Solutions includes the
company's full range of global wholesale offerings.

In 2012, Verizon acquired Hughes Telematics to further the company's delivery
of advanced automotive fleet telematics and machine-to-machine (M2M) services.
 This acquisition is enabling Verizon to accelerate new industry-specific
solutions to the health care, automotive and transportation sectors.

The company also delivered new Terremark cloud services to enterprise
customers, including private and hybrid cloud solutions that offer enterprise
clients more flexibility, security and seamlessness in their cloud
deployments.  Verizon also expanded its cloud-enabled data centers in Dallas;
Denver; Bogota, Colombia; Sao Paulo, Brazil; and London. 

In Latin America, Verizon launched a comprehensive portfolio of managed and
professional security services aimed at helping enterprises and government
agencies to better manage and protect their data. 

In addition, Verizon enhanced its enterprise video capabilities by deploying
an "Open Video" platform, where enterprises can conduct secure, high-quality
video meetings across private and public networks on multiple video platforms
– including telepresence and video conferencing – on desktops and tablets.
 This innovative solution makes it possible to link video systems that were
previously incompatible. 

The financial industry benefitted from Verizon's introduction of a service
that enables companies in New York and Chicago to execute trades, securely and
reliably, at some of the fastest possible speeds available today.  This
service reduces latency – the time it takes for data sent from its entry point
in the network to reach its destination.

Providing a secure platform for conducting business, the company's
multiprotocol label switching-based (MPLS) private IP network expanded into
six additional African countries, as well as Bahrain and Qatar in the Middle
East.  The expansion will make it possible for Verizon clients with locations
in these emerging markets to more effectively exchange data and run global
business applications. 

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 more than 98 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, including all of
the Fortune 500.  A Dow 30 company with nearly $116 billion in 2012 revenues,
Verizon employs a diverse workforce of 183,400.  For more information, visit
www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and
biographies, media contacts, high-quality video and images, and other
information are available at Verizon's News Center on the World Wide Web at
www.verizon.com/news.  To receive news releases by email, visit the News
Center and register for customized automatic delivery of Verizon news
releases.

 

 

SOURCE Verizon

Website: http://www.verizon.com
Contact: Sandra Arnette, +1-410-393-7109, sandra.u.arnette@verizon.com, Janet
Brumfield, +1-614-723-1060, janet.brumfield@verizon.com
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