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Mar. 5, 2010

On average, Verizon Wireless invested a little over $681.8 million in its wired network in 2009 and almost $485.4 million in its wireless network, and that's just in the single state of California. Major investments were also made in other U.S. states as well.

Last year, the wireless carrier expanded its revolutionary fiber-optic-powered FiOS TV and FiOS WebTV services and its copper-network-based Verizon High Speed Internet products, and it also strengthened Verizon Wireless' statewide coverage while enhancing access to its 3G high-speed wireless services throughout California.

Tim McCallion, president of the west region for Verizon says "on average, Verizon makes significant capital investments in its wired and wireless network infrastructure, not just in California but in other states as well. These investments not only add to the quality of our customers' personal and professional lives, but they also contribute greatly to the economic vitality of our state."

Verizon Wireless also built its new FiOS network facilities reaching nearly 166,000 more households, expanding availability of its FiOS TV and FiOS Internet services to more than 1.15 million premises in more than 85 cities and communities across Southern California.

FiOS services are now available to more than one million single-family homes in the U.S., nearly 90,000 apartments and condos, and to more than 46,000 businesses.

"Our network investments are paying off for themselves by increasing customer access to the most advanced broadband and entertainment products for the home, by providing our employees good jobs with valuable wage-and-benefit packages, and by delivering highly secure, rock-solid network services that enable businesses to thrive," McCallion said.

Verizon High Speed Internet service is now available to nearly 2.8 million residential customers in the U.S. and to about 504,000 small businesses in California. Last year, Verizon broadened the availability of its fastest tier of HSI service - up to 7.1 megabits per second - to more than 152,000 additional users in the communities of Chino, Fort Irwin, Granada Hills, Hemet, Hesperia, Huntington Beach, La Verne, Los Gatos, Los Serranos, Mammoth Lakes, Moreno Valley, Norwalk, Oxnard, San Dimas and Westwood.

In total, more than 1.3 million California consumers and nearly 200,000 small businesses now have access to Verizon's fastest tier of Internet broadband service, in addition to HSI tiers of up to 3 Mbps and up to 1 Mbps.

Additionally, new small-business customers who subscribe to a qualifying Verizon triple-play bundle by April 17 have a choice of selecting either a toll-free 800 number or the Verizon Internet Security Suite and Verizon Online Backup & Sharing - with no monthly charge for twelve months.

More information, special offers and a vast array of free business resources are available online through the Verizon Small Business Center portal.

Overall, small businesses are the backbone of California's main economy, and Verizon Wireless has a long history of fulfilling their communications needs.

Verizon now offers a broad range of small-business double- and triple-play bundle solutions that include the essential services of wired and wireless business phone, broadband Internet and television. The company also offers wireless services to help protect computers, provide off-site business data backup and storage, encrypt business e-mail and file attachments, and to improve business productivity through online virtual meetings and collaboration suites.

New customers get a free modem-wireless router for their business, plus free Verizon Wi-Fi access at thousands of hot spots not just in California, but throughout the United States.

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Source: Verizon Wireless.