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New York City has approved a 12-year franchising deal allowing Verizon
Communications to offer its FiOS television service throughout America’s most
populous urban area.
Up until now, most New Yorkers have had access only to their local telecom
incumbent: Time Warner Cable in Manhattan, Queens, Staten Island, and western
Brooklyn or Cablevision in eastern Brooklyn and the Bronx. Verizon ultimately
plans to compete in all five boroughs.
“For too long, the people of New York had little to choose from when searching
for a cable provider,” commented City Controller, William Thompson, a member of
the city’s Franchise and Concession Review Committee.
The deal still needs to be approved by the state’s Public Service Commission,
before taking effect.
“If we can get it before the Public Service Commission for a July decision, I
think shortly after that we would be able to turn on that service,” said Verizon
spokesman, John Bonomo, referring to FiOS TV. “We want to provide choice and
competition as soon as possible.”
Verizon currently serves some 1.2 million FiOS TV customers, and expects to
greatly increase this figure after getting its foot in the door in major
American cities.
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Source: http://www.teleclick.ca/2008/05/new-york-city-grants-local-cable-franchise-to-verizon-fios/
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