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Verizon wins ruling that may speed fiber-optic work
(old news - 02:40PM Sunday Oct 24 2004)
Washington (Bloomberg) -- Verizon Communications Inc., the largest U.S. telephone company, has won a government ruling that may speed construction of its fiber-optic network to carry video, phone calls and Internet traffic.
The Federal Communications Commission voted to grant Verizon's request to deny competitors access to new fiber installations at homes, the agency said in a statement distributed via e-mail.
Verizon Vice Chairman Lawrence Babbio said in August such rulings may lead the company to install fiber-optic cable in as many as 4 million homes next year, up from a plan of 2 million.
Verizon said Thursday it will hire 3,000 to 5,000 employees by the end of the next year to build the network and reiterated plans to bring fiber optics to 2 million homes in 2005.» www.indystar.com/articles/2/1885···223.html
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