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View Full Version : NYC FiOS Deal Almost Finished - Only NYC Public Service Commission approval left...


GNG News Guy
05-27-2008, 03:14 PM
http://i.dslr.net/urls/26/45226.gif (http://www.dslreports.com/shownews/NYC-FiOS-Deal-Almost-Finished-94765)
After months of closed door negotiations, New York City gave the public something vaguely resembling actual input into their multi-billion dollar deal with Verizon last week (http://www.thegng.org/shownews/Verizon-Promises-No-NYC-FiOS-Redlining-94609). Today New York City's Franchise and Concession Review Committee (FCRC) voted unanimously (http://newscenter.verizon.com/press-releases/verizon/2008/franchise-approval-vote.html) to approve Verizon's proposal to wire the city with FiOS. Verizon is promising (http://www.thegng.org/shownews/Interested-In-Pretending-You-Have-Influence-On-VerizonNYC-Deal-94591) to have the entire city wired by 2014. While the penalties aren't steep enough to deter the multi-billion dollar company from wimping out on deployment to outer boroughs down the line, the desire for cable TV competition (and franchise revenue) has city lawmakers doe-eyed with pliant Verizon adoration. The deal must now be confirmed by the Mayor's Office and the New York State Public Service Commission.
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