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July 29, 2008 | Author: Ibex Marketing

Residents of the Big Apple will now be able to get their daily dose of fiber — fiber optics, that is — thanks to FiOS TV. Verizon announced yesterday that the service is now available to residents in 108 neighborhoods, with a capacity of 300,000 subscribers. By the end of the year, the company plans to offer service to a half million homes.

Verizon also announced that they will offer 100 high definition channels to NYC subscribers. The company is offering a variety of subscription plans, including a triple play Internet/HDTV/phone service for under $100 a month. The company is also working to complete its build-out of fiber optic coverage throughout all five boroughs, planning to make the service available across the city by 2014. The company is also busy running flexible optic fiber through apartment buildings, and has completed at least 800 so far.

This is an important step for Verizon, as it will be the real test of whether the technology can be viable in areas other than “cherry-picked” suburban neighborhoods. This will also provide serious competition for cable and satellite services. It is not a true IPTV solution, but is a clear step in that direction compared with the more “broadcast” model used by competing services.