Thursday, September 28, 2006

Verizon Says TV, High-Speed Web Services on Track - WSJ.com

 Tenacious...

The company, of New York, said it expects to reach its goal of passing six million homes with a new fiber-optic network by the end of the year. Verizon expects to have signed up 500,000 broadband-Internet customers on its fiber-optic network and 100,000 TV customers by the end of the third quarter, on track to meet year-end targets of 750,000 and 175,000, respectively.

Verizon estimated the network upgrade will take a net investment of $18 billion through 2010 and predicted the project will generate positive operating income beginning in 2009.

Source: Verizon Says TV, High-Speed Web Services on Track - WSJ.com

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