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Verizon Announces FTTP Services

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NEW YORK -- Verizon customers in Keller, Texas, soon will be the first to receive groundbreaking high-speed Internet services over Verizon's fiber-to-the-premises (FTTP) network. The company is raising the bar on consumer broadband today by introducing data speeds of up to 30 megabits-per-second (Mbps) in Keller later this summer and in other markets later this year. Prices start at $34.95 per month.

The company also announced additional fiber deployments that are under way in California and Florida.

The new suite of fiber-optic services will be called Verizon Fiossm (FYE-ose). FTTP technology utilizes fiber-optic connections - instead of copper wire - directly into homes and businesses to enable a broad array of voice, data and video applications.

Fios consists of three consumer Internet access services. At 30 Mbps, the fastest data service is ten times faster than consumer broadband speeds typically available today. Entry and mid-level services at speeds of 5 Mbps and 15 Mbps also beat the speeds and prices of today's consumer broadband.

"Fios will set the new standard for consumer broadband services in America," said Bob Ingalls, president of Verizon's Retail Markets group. "Our customers will be amazed at the online world that Fios opens to them, as it can make applications like video chat and conferencing, digital movie downloads, and interactive multi-player games a part of their daily lives."

Verizon Communications Inc.

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