The New Jersey Board of Public Utilities (BPU) unanimously decided that Verizon no longer has to live up to its commitment to build out high-speed Internet to all state residents.
With a June deadline looming, Verizon is far from wiring New York City for fiber, and now the company is blaming city landlords for blocking installations.
A month after announcing their merger, Comcast and Time Warner languish in the public's esteem, or as a repeated headline puts it, ?Comcast Joins Time Warner Cable in Consumer Reports Doghouse.?
Wayne Burton, president of the Pennsylvania Alliance for Retired Americans, condemns a pending state bill that would free Verizon from landline guarantees and cost controls.
New Jersey Verizon subscribers have paid $15 billion in surcharges to finance broadband for the whole state for FiOS by 2010. But only 55 percent of the state is wired, and Verizon is refusing to finish the job.
Despite adding 200,000 new FiOS customers late last year, Verizon's CFO said they won't extend FiOS to any new markets until the service has returned the cost of capital investment.
As New York City Public Advocate Bill de Blasio had often complained that Verizon?s FiOS broadband service was underbuilt and overpriced. Now he's mayor and he's still saying it.
Local officials, members of CWA Local 1108 and 500 residents filled a town meeting in Brookhaven, Long Island to tell Verizon to build out FiOS.
Verizon announced it would purchase Intel?s OnCue Cloud TV platform, a system that would allow Verizon to extend its marketing of Internet-based video, both through fiber and wireless.
T-Mobile is buying billions in low-frequency spectrum from Verizon, making its argument that it needs preferential rules at auction less and less credible.