Verizon to expand upstate NY rural broadband

Feb. 1, 2018
Verizon (NYSE:VZ) is teaming up with the state of New York to expand broadband access in rural locations upstate. The company has been ...

Verizon (NYSE:VZ) is teaming up with the state of New York to expand broadband access in rural locations upstate. The company has been awarded $70.7 million in Phase 3 of the New NY Broadband Program. An additional $12 million from the FCC Connect America Fund (CAF) plus Verizon's own investment brings the total funds to $106.6 million.

The funds are earmarked to support Verizon's deployment of broadband to more than 15,500 rural locations in upstate New York.

"Verizon is focused on delivering broadband service, and the major economic benefits associated with it, to the difficult-to-reach service areas of upstate New York," said Kevin Service, senior vice president of wireline operations for Verizon. "We are pleased to partner with New York State and the FCC to achieve our common goal of increasing broadband access for unserved and underserved areas in the state."

Verizon will leverage its relationship with New York-based Corning (NYSE:GLW) to provide fiber-optic cable and associated hardware to expand its broadband network in targeted unserved and underserved communities.

In April, Verizon announced a three-year minimum purchase agreement with Corning under which Verizon will purchase up to 20 million kilometers (12.4 million miles) of optical fiber each year from 2018 through 2020, with a minimum purchase commitment of $1.05 billion.

About the Author

BTR Staff

EDITORIAL
STEPHEN HARDY
Editorial Director and Associate Publisher
[email protected]
MATT VINCENT
Senior Editor
[email protected]
SALES
KRISTINE COLLINS
Business Solutions Manager
(312) 350-0452
[email protected]
JEAN LAUTER
Business Solutions Manager
(516) 695-3899
[email protected]

Sponsored Recommendations

The Road to 800G/1.6T in the Data Center

Oct. 31, 2024
Join us as we discuss the opportunities, challenges, and technologies enabling the realization and rapid adoption of cost-effective 800G and 1.6T+ optical connectivity solutions...

High-Speed Networking Event

Oct. 23, 2024
A Multi-Day online learning event crafted for optical communications professionals specializing in high-speed networking solutions Date: November 12-14Platinum Sponsor: AFLGold...

Advances in Fiber & Cable

Oct. 3, 2024
Attend this robust webinar where advancements in materials for greater durability and scalable solutions for future-proofing networks are discussed.

On Topic: Optical Players Race to Stay Pace With the AI Revolution

Sept. 18, 2024
The optical industry is moving fast with new approaches to satisfying the ever-growing demand from hyperscalers, which are balancing growing bandwidth demands with power efficiency...