Verizon invests more than $725 million in Virginia infrastructure in 2011
- February 14, 2012
Verizon says it invested more than $725 million in its Virginia wireline communications networks and IT infrastructure in 2011, investments tailored to help the state’s consumers and businesses.
“Verizon’s technologically advanced networks enable commerce to thrive, businesses to innovate, students to learn and people to stay connected with one another,” B. Keith Fulton, Verizon vice president of Mid-Atlantic government affairs, said in a statement.
Some of Verizon’s infrastructure programs last year included:
• Continued deployment of the company’s fiber-optic FiOS TV and FiOS Internet services. Verizon extended FiOS service to more consumers and businesses in the Hampton Roads, central and Northern Virginia areas, with the services available to more than 1.1 million Virginia homes and businesses at year’s end.
• Launched Home Monitoring & Control, a program that provides customers with remote access, control and monitoring of doors, thermostat controls, appliances and home-energy use.
• Launched the Verizon Fraud Management for Healthcare, an advanced-software platform tailored to the health care industry. It uses predictive modeling technology to examine health care payment requests and route potentially fraudulent claims to case managers for investigation.
• In addition, Verizon Enterprise Solutions acquired Terremark, a leading provider of cloud computing solutions, and CloudSwitch, an IT company that enables plug-and-play simplicity in the cloud. Verizon Enterprise Solutions also came out with new security offerings, including solutions aimed at halting identity theft.