Welcome!

Artificial Intelligence Authors: Zakia Bouachraoui, Liz McMillan, Yeshim Deniz, Elizabeth White, William Schmarzo

News Feed Item

Verizon Invested More Than $732 Million in New Jersey's Wireline Communications, IT Infrastructure in 2011

Company's Innovation and Investments in Internet Protocol, IT Infrastructure Benefit State's Consumers and Businesses

NEWARK, N.J., Feb. 13, 2012 /PRNewswire/ -- Verizon continued to bring communications and computing innovation to the state's consumers and businesses in 2011, investing more than $732 million in its wireline communications network and IT infrastructure throughout the state. 

"The communications industry is vital to New Jersey's economy, and Verizon is the state's leading private investor in network and IT infrastructure," said Dennis Bone, president of Verizon New Jersey.  "Verizon's advanced networks serve as fundamental drivers of economic growth and innovation, providing a solid foundation for businesses to innovate, students to learn and people to stay connected."

"Technology has forever changed the way we communicate, dramatically transforming our business in new and exciting ways," Bone said.  "Verizon is facing these challenges and opportunities head on, but our future capital investments in New Jersey will be shaped by how well the state's public policy evolves to create a positive environment for investment and innovation in our industry."

Verizon Furthers Home Monitoring, Multiscreen Entertainment

Verizon's major wireline infrastructure programs last year included:

  • Continued deployment of the company's award-winning, 100 percent fiber-optic FiOS TV and FiOS Internet services, making them available to more than 1.8 million New Jersey homes and businesses at year's end.
  • Enhancements that further differentiated FiOS services from the competition.  Provided over an all-fiber infrastructure that is much more resilient than other wireline networks, the next-generation FiOS TV is built upon a long series of innovations, including a robust Interactive Media Guide that provides an in-depth, interactive TV experience; Flex View and FiOS TV Online, which extend FiOS TV beyond the home to the Internet and a range of mobile devices; free interactive applications including Facebook, Twitter, YouTube, Yelp, HSN Shop By Remote, TMZ and others; Media Manager, which allows customers to access on their TVs personal photos, music and videos from their computers; and In-Home Agent, which frees customers to use simple online tools to diagnose and resolve a range of service issues.  In 2011, Verizon:
    • Launched Home Monitoring & Control, which provides customers with remote access, control and monitoring of doors, thermostat controls, appliances and home-energy use.
    • Rolled out MY FiOS, an easy-to-use mobile application that gives customers access to a variety of other applications including Home Monitoring & Control, as well as movies, TV shows and personal content; remote DVR access and control; and billing, account management and customer service tools.
    • Enabled customers who are Xbox LIVE Gold members and who subscribe to both FiOS TV and Internet service to view select live channels through their Xbox consoles through a collaboration with Microsoft. 
    • Upgraded its Interactive Media Guide, with applications for advanced/intuitive search, social networking, Internet video, personal media streaming, high-definition music, remote DVR controls, account management and billing functions, multi-screen/mobile viewing and much more.
  • Continued implementation of the company's copper infrastructure investment program, which included key upgrades to copper-based facilities across New Jersey to enhance the overall reliability and dependability of the network.
  • Accelerated deployment of fiber-optic links to wireless carriers' cell sites throughout New Jersey as these carriers expand their infrastructure to meet ever-growing demand for wireless broadband and advanced 4G services.  In 2011, Verizon deployed fiber optics to connect more than 1,100 of these sites in the state. 

Verizon Enterprise Solutions Goes to the Cloud and Beyond

Verizon Enterprise Solutions oversees all of Verizon's solutions for business and government customers, including its portfolio of enterprise mobility, cloud and IT, strategic networking and advanced communications offerings; specialized solutions for key industries such as health care, travel and transportation, retail, utilities and financial services; IT consulting services; and the company's full range of global wholesale offerings.

In 2011, the unit launched the Verizon Fraud Management for Healthcare, an advanced-software platform that is tailored to the health care industry and uses predictive modeling technology to examine health care payment requests and route potentially fraudulent claims to case managers for investigation.  In addition, Verizon Enterprise Solutions continued to implement its "everything-as-a-service" strategy with the acquisition of Terremark, a leading provider of cloud computing solutions.  Security offerings and a host of industry-specific innovations were also launched.

Verizon Foundation Invests in New Jersey's Future

Verizon's investment in New Jersey goes beyond networks, communications and IT equipment.  In 2011, the Verizon Foundation awarded more than $3.3 million to New Jersey nonprofit groups that focused on advancing health care, domestic violence prevention, education and sustainability.  In addition to the grants, Verizon employees volunteered nearly 64,800 hours to nonprofit groups throughout New Jersey last year.  The Verizon Foundation supports employee volunteerism by awarding a $750 grant to a nonprofit organization when a Verizon employee volunteers 50 hours or more to the organization during the year.  (For more information, see related news release.)

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers.  Verizon Wireless operates America's most reliable wireless network, with nearly 109 million total connections nationwide.  Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500.  A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of nearly 194,000.  For more information, visit www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at www.verizon.com/news.  To receive news releases by email, visit the News Center and register for customized automatic delivery of Verizon news releases.

SOURCE Verizon

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
LogRocket helps product teams develop better experiences for users by recording videos of user sessions with logs and network data. It identifies UX problems and reveals the root cause of every bug. LogRocket presents impactful errors on a website, and how to reproduce it. With LogRocket, users can replay problems.
Data Theorem is a leading provider of modern application security. Its core mission is to analyze and secure any modern application anytime, anywhere. The Data Theorem Analyzer Engine continuously scans APIs and mobile applications in search of security flaws and data privacy gaps. Data Theorem products help organizations build safer applications that maximize data security and brand protection. The company has detected more than 300 million application eavesdropping incidents and currently secu...
Rafay enables developers to automate the distribution, operations, cross-region scaling and lifecycle management of containerized microservices across public and private clouds, and service provider networks. Rafay's platform is built around foundational elements that together deliver an optimal abstraction layer across disparate infrastructure, making it easy for developers to scale and operate applications across any number of locations or regions. Consumed as a service, Rafay's platform elimi...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, Sandy Ca...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...