RICHMOND, Va., April 23, 2015 /PRNewswire/ -- Virginia's consumers, businesses and government agencies continued to benefit from Verizon's 2014 investment of $659 million in its industry-leading fiber-optic and wireline networks.
In addition, Verizon Wireless invested $537 million in 2014 on network upgrades and expansions in the Virginia/Maryland/Washington, D.C., region.
"Virginia's residents and businesses enjoy some of the fastest Internet speeds in the country," said Christopher Childs, president of wireline network operations for Verizon's Mid-Atlantic South region. "Verizon's advanced networks, products and services are well positioned to meet Virginians' increasingly sophisticated broadband, communications and entertainment needs today and into the future. Our network technology fuels economic growth in Virginia and empowers people and businesses to connect however, whenever and wherever they want."
Increasing the Fiber in Virginia's Diet
Fiber-optic networks strengthen communities, and last year Verizon continued to deploy its 100 percent fiber-optic network, with its FiOS TV and FiOS Internet services, in Virginia. At year's end, FiOS services were available to more than 1.35 million households and businesses in Northern Virginia, Richmond and surrounding areas, and the Hampton Roads region. Verizon has placed more than 20,670 miles of fiber optics directly to homes and businesses in the state – equivalent to a round trip between Richmond, Virginia, and the Richmond suburb of Melbourne, Australia.
Fiber is more reliable than copper. Verizon has improved phone service reliability for more than 800,000 customers nationally by moving their service from copper to the company's advanced, all-fiber infrastructure. Fiber is less susceptible than copper to moisture and water damage and offers a better overall service experience. Nationwide, Verizon now serves more landline customers on its all-fiber infrastructure than on its legacy copper network.
In 2014, Verizon filled the Hampton Roads community of Ocean View with fiber, replacing all the company's copper facilities in the area served by its local switching office with fiber optics.
Other major wireline infrastructure programs in 2014 included:
The Fastest, Most Reliable Internet Service Got Even Better in 2014
No More DVR Battles, and TV Went Everywhere
Investing in Superior Customer Experiences
Thank You for Making Us No. 1 (Again and 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.
Being a Responsible Environmental Steward
In addition to its network investment, Verizon is committed to improving the quality of life in the communities it serves. As part of that commitment, the company is focused on reducing its carbon footprint by adopting sustainable business practices. For example, the company's fifth annual recycling rally at its Ashburn campus collected 68,343 pounds – or 34 tons – of electronic waste from employees and the public, including TVs, printers, desktop PCs, VCRs, DVDs and computer monitors – all of which will be kept out of landfills.
Providing End-to-End Solutions for Video Customers
Verizon has combined powerful assets to further the company's delivery of media and entertainment services through its Verizon Digital Media Services business unit.
With its next-generation platform and global content delivery network, Verizon Digital Media Services delivers end-to-end video solutions for best-in-class TV Everywhere and superior experiences to any device, anywhere, at any time. The interplay of assets seamlessly orchestrated among a secure media cloud, an agile video backbone and responsive intelligent edges delivers flexible and robust video solutions.
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 Virginia 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/.
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