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December 1, 2020 01:00 pm

Verizon Wiring Up 500K Homes With FiOS To Settle Lawsuit

An anonymous reader quotes a report from Ars Technica: Verizon has agreed to bring FiOS fiber-to-the-home service to another 500,000 households in New York City by July 2023, settling a lawsuit over Verizon's failure to wire up the entire city as required in a franchise agreement. "Today's settlement will ensure that 500,000 households that previously lacked Verizon broadband access because of a corporate failure to invest in the necessary infrastructure will have the option of fiber broadband and create critical cost competition in areas where today only one provider exists," NYC Mayor Bill de Blasio's office said in an announcement last week. The settlement's full text is available here. New York City sued Verizon in March 2017, saying the company failed to complete a citywide fiber rollout by 2014 as required in its cable-TV franchise agreement. At the time the lawsuit was filed, Verizon said it had brought its fiber network to 2.2 million of NYC's 3.1 million households. The settlement will cover many but not all of the remaining residential housing units where FiOS is currently not available. As of July 2019, Verizon had brought FiOS to 2.7 million households, a number that will rise to 3.2 million households once Verizon complies with the settlement, de Blasio's office told Ars today. The city estimates there are now 3.45 million households, so about 250,000 will be left without FiOS. With the settlement providing coverage of over 90 percent of households, "this is part of our overall strategy to increase competition in the market," a de Blasio spokesperson told Ars.

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