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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Verizon Communications Inc | NYSE:VZ | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.09 | 0.23% | 38.98 | 1,093 | 11:31:15 |
BALTIMORE, April 23, 2015 /PRNewswire/ -- Maryland's consumers, businesses and government agencies continued to benefit from Verizon's 2014 investment of more than $382 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 Maryland/Virginia/Washington, D.C., region.
"Technology transforms lives," said Christopher D. Childs, president of wireline network operations for Verizon's Mid-Atlantic South region. "That's why at Verizon, we continue to build the networks of the future, investing in the most advanced technologies to ensure our customers have the best service experience possible every day.
"Whether it's voice, broadband or TV service, Verizon's best-in-class services enable commerce to thrive, businesses to open new markets, students to learn, and all of us to connect and do business however, whenever and wherever we want without the traditional technological boundaries," Childs added.
Fiber-optic networks strengthen communities, and last year Verizon continued deployment of its 100 percent fiber-optic network, with its FiOS TV and FiOS Internet services. At year's end, FiOS services were available to more than 1.3 million Maryland homes and businesses in parts of Anne Arundel, Baltimore, Charles, Harford, Howard, Montgomery and Prince George's counties. Verizon also placed over 96.3 million feet (or 18,245 miles) of fiber optics in Maryland. That's the distance of nearly four round-trip flights from Baltimore to the sunny beaches of Hawaii.
Verizon's 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)
Customers ranked Verizon Highest in Customer Satisfaction with Very Small Business Wireline Service in the "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.
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 Maryland 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/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts and other information are available at Verizon's online News Center at www.verizon.com/news/. The news releases are available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/verizon-proves-its-commitment-to-maryland-by-investing-more-than-382-million-in-the-companys-wireline-telecom-infrastructure-in-2014-300071166.html
SOURCE Verizon
Copyright 2015 PR Newswire
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