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Company's Innovation and Broadband, Internet Protocol Investments Are Powerful Platforms for Economic Growth
NEWARK, N.J., Feb. 25, 2013 /PRNewswire/ -- Verizon's powerful networks continue to meet the growing broadband, communications and information needs of New Jersey consumers and businesses, as the company invested more than $627 million in its New Jersey wireline networks and information technology infrastructure in 2012.
"The economic health of New Jersey is increasingly tied to robust and modern communications networks, and Verizon's continued infrastructure investments ensure that New Jersey stays at the front of the line in state-of-the-art communications for both consumers and businesses," said Paul Sullivan, Verizon region president of consumer and mass business for New Jersey. "Advanced networks spur innovation, commerce, business development, learning and communication at an accelerated pace.
"As one of the largest private capital investors in the state, Verizon is helping to break down traditional technological boundaries, empowering people and businesses in New Jersey to connect however, whenever and wherever they want. This creates opportunities that are borderless and that bring great benefits to our customers, employees, suppliers and communities across the Garden State," said Sullivan.
More than half of U.S. consumers say Internet service is their home's most important convenience, according to the Verizon FiOS Innovation Index – a series of consumer research surveys. More than 50 percent of all survey respondents also indicated an interest in remote health monitoring and virtual medical visits, which are enabled by ultra-high-speed networks and innovative applications.
"Whether it's sharing photos or videos from your laptop with friends, watching TV on your tablet, or monitoring blood pressure online, our networks are delivering to consumers and businesses an experience that is second-to-none in meeting their communications needs," said Sullivan.
Innovation That Creates Consumer Choice, Delivers Rich Customer Experiences
Verizon's major wireline infrastructure programs in 2012 included:
(NOTE: Verizon Wireless infrastructure investment information can be found at http://news.verizonwireless.com/news/index.html?type=News+Releases.)
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 more than 98 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 in more than 150 countries, including all of the Fortune 500. A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 183,400. For more information, visit www.verizon.com.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at www.verizon.com/news. To receive news releases by email, visit the News Center and register for customized automatic delivery of Verizon news releases.
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