Telecommunications Industry News
Verizon Applies for Statewide Video Franchise in New Jersey
5:30 am on November 6, 2006 | Category: Business, Internet, Regulation, Telecom Services, Television
Verizon Communications Inc. is hoping to take advantage of New Jersey’s new video franchising laws, by filing an application to provide fiber optic television service on a statewide basis.
If its application is approved by the state’s Board of Public Utilities, Verizon will gain access to a 2.1 million new households in 316 communities, greatly expanding the potential reach of its FiOS digital television offering.
The company says it will offer a package consisting of 200 digital cable channels, 20 HDTV channels, and 3,000 on-demand video titles, for a price of just $42.99 per month.
“We’re throwing open the door to video choice in New Jersey, and consumers will be the true winners,” said Verizon’s New Jersey president, Dennis Bone.
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Published by TeleClick Enterprises
Edited by Jeremy Maddock
