You may have seen some recent discussion about Verizon’s deployment of our all fiber-optic network, and I wanted to set the record straight for our At Home readers.
As a new competitor in the TV market, our strategy has been two-fold: open new markets and make our services available to more customers in existing markets. That’s just what we’ve done. Since the rollout in Keller, Texas, back in 2004, we’ve built a fiber-to-the-home network that reaches 15.4 million homes and small businesses. Now, in 2010, we’re on track to complete our stated goal of passing about 18 million premises. And building this network has been no easy task, as tech-journalist Jonathan Blum of CNNMoney.com demonstrated this week.
At the end of the last quarter, we had 3.4 million FiOS Internet customers and 2.9 million FiOS TV customers. That’s a national penetration rate of 28 percent for FiOS Internet and 25 percent for FiOS TV – a very healthy growth clip for a service that we began selling from scratch nearly five years ago. That makes us the 8th largest among cable and satellite providers, some of whom have been in the business for decades.
As we move forward this year, we’re focusing on building our fiber-based network and increasing FiOS availability in those areas where we already have video franchises in place. As most of you know, video franchises are required by law in order to offer TV service in a community. In some states, we have a franchise for the entire state, but in others, we need to go town-by-town to secure a franchise.
This means we’ll continue to meet build-out commitments in franchise areas like Washington D.C., New York City and Philadelphia, as well as in towns and villages near you. And we’ll reach out to consumers in all of our FiOS TV markets to remind them why it’s a truly superior service, with America’s top-rated Internet service, unmatched symmetrical speeds, and the network that’s built for the future of HD with up to 138 high-def channels and amazing HD picture and sound.
So stay tuned here, where we always try to provide our At Home readers with the latest Verizon news and updates.
Bill oversees the Verizon telecom customer experience, consumer bundles, DSL, e-commerce and small business. He helps customers learn about efficient ways to manage their Verizon services.
Maitreyi is responsible for Verizon's entertainment products. Check out @VerizonFiOS on Twitter, for insight, thoughts & news about FiOS TV.
Alberto is in the public relations group. He loves to share tech, sustainability, feel-good, and random news of interest. A happy FiOS quad play customer, he likes to use his family as guinea pigs.
Deidre is a member of the consumer PR team and loves to talk everything FiOS and everything football. She’s also a happy Triple Play customer.
Phil has been extolling the virtues of FiOS ever since he had his Triple Play installed and can’t image how he ever managed without it. He writes about developing technologies that enable him to fuel his addiction to movies and sports whenever he wants, no matter where he is.
Caroline manages the Verizon FiOS Google+ page, capturing the latest in entertainment, technology, sports and everything in between. She loves using social media and the written word to extend the FiOS conversation.