growth of the Internet has created a digital world of movies, photos,
music and other data that can now be carried over broadband networks
and delivered to a wide variety of electronic devices. Verizon is
at the center of this converging marketplace. As a result of Verizons
investment in advanced broadband networks, we can capture this digital
content, make it all work together and then deliver it to whatever
device the customer wants.
Verizon has created the best all-around value in broadband today.
We offer a speed for every need, a price for every budget, along with
unsurpassed content and applications for todays digital household.
We put customers first with excellent service and a continuously growing
portfolio of broadband services delivered over reliable, advanced
Verizon offers a choice of high-speed DSL Internet service plans,
and Verizon Online DSL customers also have a choice of Web portals
featuring a wide array of content, such as online security, entertainment
and multiple mail accounts.
In 2004, Verizon began rolling out our groundbreaking fiber network,
featuring an advanced technology that uses fiber-optics instead of
copper wire as the direct connection to homes and businesses. By the
end of 2005, Verizons fiber network passed 3 million homes and
was deployed in close to 800 communities in more than half the states
that we serve. We plan to pass an additional 3 million homes by the
end of 2006, covering around 20 percent of our residential customer
Verizon FiOS is the new suite of broadband services offered over this
network. It gives customers a broad array of voice and data applications
and delivers Internet access at blazing fast speeds of up to 30 megabits
per second, with even greater speeds possible in the future.
But FiOS is more than just a super-fast Internet connection. Weve
harnessed the speed and capacity of broadband with the power of broadcast
to create a revolutionary new entertainment experience. FiOS TV offers
a simple, compelling and affordable package, and is designed to be
a superior alternative to cable and satellite TV. We offer over 400
all-digital channels, more than 20 high-definition channels and 2,000
video-on-demand titles. Delivered over our high-speed fiber network,
FiOS TV displays amazingly sharp pictures that seem to leap from the
FiOS Internet and FiOS TV are redefining and enriching the broadband
experience for customers. Our fiber network provides unprecedented
power to todays multi-tasking household and is changing the
way America communicates. And for Verizon, it will be a platform for
long-term growth as we transform our business around the expanding
opportunities in broadband and multimedia.