Verizon Files Application and Plan to Offer TV Throughout Five Boroughs of New York City

Verizon Files Application and Plan to Offer TV Throughout Five Boroughs of New York City

For the First Time, TV Service Will Be Offered by a Single Provider Throughout the City; Plan Includes Reaching 'Every Neighborhood'; Service Launch Expected Later This Year

Investment in the City Is 'Historic'

NEW YORK, April 15 /PRNewswire/ -- Verizon announced today that it has filed with the New York City Department of Information Technology and Telecommunications (DoITT) its application and plan under which, for the first time, TV service will be offered by a single provider throughout the City of New York. Verizon's revolutionary FiOS TV service will be delivered over the most advanced fiber-optic network.

Verizon submitted the plan in response to a Solicitation DoITT issued on April 11. The Solicitation seeks "proposals for franchises for the provision of cable television services to be made available throughout the City." Currently, only two legacy cable TV companies operate in separate and distinct parts of the city, leaving consumers, effectively, with little or no competitive choice for their cable TV news, information and entertainment.

"This important step sets in motion the process for Verizon to offer choice and competition in the traditional monopoly cable TV market to all the residents of the five boroughs of New York City," said Monica Azare, Verizon senior vice president for New York and Connecticut. "For too long, residents have been locked in to one provider for their cable TV entertainment. With an award of the first-ever Citywide franchise, Verizon will be able to throw open the doors to competition, providing real choice and real value."

Verizon's proposal will now be evaluated by the City, and then forwarded to the City's Franchise and Concession Review Committee for a public hearing and consideration. If the Committee and the City approve Verizon's proposal, it will be submitted to the New York Public Service Commission for confirmation, as are all cable franchises. If all approvals are achieved in a timely fashion, Verizon would begin offering service to City residents later this year.

"Our investment in the City is historic, which is reflected in the citywide nature of our plan," Azare said. "When our fiber deployment project is completed it will reach to each and every borough, neighborhood, boulevard, avenue and street, without regard to the demographics of a particular area. More importantly, City residents will be able to take advantage of the power of fiber optics delivered straight to their doors."

This 12-year proposed agreement is unprecedented in scope and is designed to serve the unique needs of approximately 3.1 million households that will have access to FiOS TV, including households in multiple dwelling units.

In keeping with the citywide scope of the Verizon plan, key aspects include:

-- Verizon building its state-of-the-art fiber-optic network throughout
the entire City by midyear 2014. This will make Verizon the largest
provider of television service in New York City, and the only one
serving the entire City;
-- Making available FiOS TV service to requesting customers in all five
boroughs within a six-year time frame as Verizon's wire centers are
upgraded to being video-capable. If Verizon's proposal is approved,
hundreds of thousands of New York City residents will have access to
FiOS TV this year;
-- FiOS TV will include an all digital channel line-up of more than 400
channels and 150 HD channels by year-end, and a growing library of more
than 10,000 video-on-demand selections;
-- Verizon will provide a fiber-optic institutional network (known as an
INET), primarily to support the City's public safety needs;
-- Verizon agrees to pay franchise fees equivalent to five percent of
gross revenues on cable TV service, as do other cable TV operators in
the City;
-- Verizon has agreed to appropriate customer service provisions.

Verizon began constructing its fiber network in the City in late 2004, and consumers currently are enjoying the value and super-fast speeds offered by Verizon FiOS Internet service. (See below for city neighborhoods where FiOS Internet is already available.)

Verizon has an aggressive plan to provide FiOS service to requesting customers in multiple dwelling units (MDUs). Already, Verizon has installed FiOS in hundreds of MDU buildings throughout the City. The company works with property owners and landlords to gain access to the buildings, and then creates a fiber network to serve tenants in the buildings who request the FiOS services.

Verizon's FiOS TV is a formidable competitor to cable and satellite, offering a broad range of all-digital programming, high-definition (HD) channels and access to more than 10,000 on-demand titles, 70 percent of which are at no additional charge.

Verizon's fiber network delivers amazingly sharp pictures and sound, and has the capacity to transmit a wide array of HD programming that is so clear and intense it seems to leap from the TV screen. In addition to FiOS TV, Verizon's fiber network also delivers Internet download speeds of up to 50 Mbps (megabits per second) and upload speeds of up to 20 Mbps, as well as high-quality voice service.(*)

Verizon Fiber Deployment and FiOS Internet Availability
by New York City Neighborhood
March 2008

Manhattan
Battery Park City-Lower Manhattan
Chinatown
East Harlem North
East Harlem South
East Village
Hudson Yards Chelsea Flatiron-Union Square
Lenox Hill -- Roosevelt Island
Lower East Side
Midtown -- Midtown South
Upper East Side -- Carnegie Hill
Yorkville

The Bronx
Williamsbridge
Olinville
Woodlawn
Wakefield
Eastchester
Edenwald
Norwood
Bronxdale
Laconia
Baychester

Brooklyn
Canarsie
Clinton Hill
Bensonhurst East
Crown Heights North
Brooklyn Heights -- Cobble Hill
Homecrest
Williamsburg
Fort Greene
DUMBO-Vinegar Hill-Downtown Brooklyn-Boerum Hill
Crown Heights South
Bedford
Gravesend
North Side -- South Side
Flatlands
Georgetown-Marine Park-Bergen Beach-Mill Basin
Prospect Heights
Madison

Queens
Fresh Meadows -- Utopia
Glen Oaks-Floral Park-New Hyde Park
Laurelton
Rosedale
Springfield Gardens S-Brookville
Douglaston Manor-Douglaston-Little Neck
Auburndale
Bayside -- Bayside Hills
Breezy Point-Belle Harbor-Rockaway Park-Broad Channel
Ft. Totten-Bay Terrace-Clearview
Oakland Gardens

Staten Island
Stapleton -- Rosebank
Port Richmond
Charleston-Richmond Valley-Tottenville
New Brighton -- Silver Lake
Grymes Hill-Clifton-Fox Hills
Old Town-Dongan Hills-South Beach
Westerleigh
Oakwood -- Oakwood Beach
Grasmere-Arrochar-Fort Wadsworth
New Springville-Bloomfield-Travis
Todt Hill-Emerson Hill-Heartland Village-Lighthouse Hill
New Dorp -- Midland Beach
Arden Heights
Rossville -- Woodrow
Great Kills
Mariners Harbor-Arlington-Pt. Ivory-Granitville
Annadale-Huguenot-Prince's Bay-Eltingville
West New Brighton-New Brighton-St. George

* NOTE: actual (throughput) speeds will vary.

Verizon Communications Inc. (NYSE:VZ), headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 66 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of nearly 235,000 and last year generated consolidated operating revenues of $93.5 billion. 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 e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.

Source: Verizon

CONTACT: Eric Rabe, +1-908-559-3500, Eric.Rabe@Verizon.com, or John
Bonomo, +1-212-321-8033, John.J.Bonomo@Verizon.com, both of Verizon

Web site:

http://www.verizon.com/

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