Nasdaq: New York City Criticizes Verizon on FiOS Delivery

By Dow Jones Business News

June 17, 2015

New York City says Verizon Communications Inc. has failed to live up to a 2008 promise to deliver fiber-optic connections for television and high-speed Internet to anyone who wants them.

Councilman Mark Levine, who represents a large swath of Upper Manhattan, said constituents complain to him about not having fiber service and frequently ask when it is coming. His building doesn't have the service, he said.

"I think the demand is greater than they are recognizing," he said.


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