Verizon FiOS Progress Update

Following my post a couple days ago on AT&T's Project Lightspeed progress update, let's take a look at what Verizon is doing with FiOS. FiOS is Verizon's Fiber to the Home (FTTH), also know as Fiber to the Premise (FTTP) product offerring. The service provides high-bandwdtih data, voice and video services. The company has posted some interesting data on their policy blog for the third quarter of 2007. Here's a summary:

Fiber Implementation: http://www.verizon.com/fiberoptics

FiOS is currently available in parts of 16 states: California, Connecticut, Delaware, Florida, Indiana, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Texas, Virginia and Washington.

At the end of September 2007, Verizon had passed about 8.5 million homes and businesses – installing more than 457 million feet of fiber in parts of 16 states.

Verizon expects to continue passing some 3 million premises annually through 2010,

when the company expects to have passed about 18 million homes, or over half the homes

it serves.

Verizon will begin boosting speeds and capabilities on its all-fiber network when it begins

deploying advanced G-PON electronics in 2007. This technology can increase

downstream broadband speeds by up to four times, and upstream speeds by eight times.

Verizon is investing nearly $23 billion in the FiOS project, between 2004 and 2010.

Broadband Products: http://www22.verizon.com/Content/ConsumerFiOS/

At the end of September 2007, Verizon was marketing its industry-leading, high-speed FiOS Internet service – with downstream speeds of up to 50 Mbps and upstream speeds of up to 20 Mbps – in over 2,000 communities in all 16 states where the company is building its fiber-to-the-premises (FTTP) network.

As of September 30, 2007, Verizon has more than 1.3 million FiOS Internet customers, an

increase of 202,000 during the third quarter of 2007 – or about 3,600 new FiOS Internet

customers every business day.

Verizon expects to attract up to 7 million FiOS Internet customers by year-end 2010 – a

penetration rate of 35 percent to 40 percent.

Video: http://www.verizonfios.com/tv

At the end of September 2007, Verizon’s all-digital FiOS TV service was available to over

4.7 million premises in 12 of the states where the company is building FTTP: California,

Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Texas and Virginia.

As of September 30, 2007, Verizon has over 717,000 FiOS TV customers. During just the

third quarter of 2007, Verizon added a net of 202,000 new FiOS TV customers -- or about

3,200 new customers every business day.

Verizon's FiOS TV delivers hundreds of digital video and music channels, high-definition

programming, video-on-demand content, a robust interactive media guide and other

customer-friendly features.

Verizon expects to attract from 3 million to 4 million FiOS TV customers by 2010, which

would be a market penetration of 20 percent to 25 percent.

As of September 2007, Verizon had 862 local video franchises covering about 11.2 million households.

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