[opendtv] Verizon applying for cable franchises-report
- From: Monty Solomon <monty@xxxxxxxxxx>
- To: opendtv@xxxxxxxxxxxxx
- Date: Sun, 16 May 2004 09:42:11 -0400
Verizon applying for cable franchises-report
- May 13, 2004 06:53 PM (Reuters)
WASHINGTON, May 13 (Reuters) - Verizon Communications Inc.
(NYSE:VZ) has applied to offer cable television service to
customers in nine states as part of a new high-speed
fiber-optic network, Business Week magazine reported on
Thursday.
The U.S.'s largest telephone company has said it would
spend $1 billion on extending fiber-optic cables to homes this
year with a target of connecting 1 million homes. Such
fiber-optic connections are capable of handling video, data and
voice signals at far higher speeds than cable connections.
...
- http://finance.lycos.com/home/news/story.asp?story=41425811
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