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Verizon Helped Grow Massachusetts Economy in 2014 With $331 Million Wireline InvestmentBOSTON, April 28, 2015 /PRNewswire/ -- Massachusetts consumers, businesses and government agencies continued to benefit from Verizon's 2014 investment of more than $331 million in its industry-leading fiber-optic and wireline networks. In addition, Verizon Wireless invested $378 million across New England in 2014, which included enhancing coverage and capacity across the Commonwealth, and upgrading its network in Eastern and Central/Western Massachusetts. In the past five years, Verizon has invested more than $2.7 billion in its wireline network in Massachusetts. Verizon Wireless has invested more than $4 billion in its network throughout New England since the company's inception in 2000. "As the Bay State's communications, broadband and video needs grow more sophisticated each day, Verizon's strong networks and assets are uniquely positioned to meet those needs and enable future growth," said Allison Cole, region president for consumer and mass business. "Our network technology enables commerce to thrive, businesses to open new markets, students to attain knowledge from anywhere, and all of us to connect to what matters most. The advantages of an all-fiber network to the Massachusetts small-business community are demonstrated in videos featuring two Verizon customers -- Bond and Associates and the Grafton Country Store. Another example of the advantages of Verizon's all-fiber network is a continued partnership with business accelerator Mass Challenge, whose members received FiOS Internet service and mentoring from Verizon executives. "In 2014 in Massachusetts, Verizon continued to grow its state-of-the-art fiber-optic network to more homes and businesses, modernize its world-class call centers, upgrade its fleet, and enhance training for its 8,000 highly skilled employees," said Cole. Fiber-optic networks strengthen communities, and last year Verizon continued deployment of its 100 percent fiber-optic network, with its FiOS TV and FiOS Internet services. At year's end, FiOS services were available to more than 1 million Massachusetts homes and businesses. Verizon has placed more than 18,000 miles of fiber optics in Massachusetts – enough to stretch to the state borders from Boston to Pittsfield 131 times (or stretch from Boston to London six times). Verizon's major wireline infrastructure programs in 2014 included: The Fastest, Most Reliable Internet Service Got Even Better in 2014
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Thank You for Making Us No. 1 (Again) Customers ranked Verizon Highest in Customer Satisfaction with Very Small Business Wireline Service in the J.D. Power "J.D. Power 2014 U.S. Business Wireline Satisfaction Study." And, for the second straight year, FiOS Internet was rated No. 1 in the 2014 American Customer Satisfaction Index. In addition, customers made Verizon FiOS Internet the recipient of PC Magazine's Readers' Choice Award for the ninth consecutive year. Enterprise Business Solutions Tailored to Meet Client Needs Verizon Enterprise Solutions oversees all of Verizon's solutions for large-business, wholesale and government customers in Massachusetts and globally, including a portfolio of cloud and IT, enterprise mobility, security and advanced communications offerings. Its key client segments include healthcare, manufacturing and automotive, financial services and large government agencies. In 2014, Verizon:
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 108.6 million retail 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 worldwide. A Dow 30 company with more than $127 billion in 2014 revenues, Verizon employs a diverse workforce of 176,200. For more information, visit www.verizon.com/news/. VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts and other information are available at Verizon's online News Center at www.verizon.com/news/. The news releases are available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/verizon-helped-grow-massachusetts-economy-in-2014-with-331-million-wireline-investment-300073312.html SOURCE Verizon |