According to the Verizon, the company has invested a total of nearly $54 million in establishing fiber-optic networks across Delaware, from “Wilmington to Dover to Seaford.”
About $53 million of that has been spent building out nearly 3,100 miles of fiber-optic network in the First State. Last year, Verizon infrastructure was expanded to reach over 5,700 new households in Marshalton, Newport and Elsmere.
The total $54 million includes part of a $270 million investment in the Tri-State region (which includes Philadelphia and Delaware) to build antenna systems in high-traffic areas.
“Delaware recognizes how competition and technology have changed the communications industry and has promoted forward-looking public policy that encourages investment and innovation,” said Paul Sullivan, president of Verizon’s Mid-Atlantic North region, in a press release.
Before you go...
To keep our site paywall-free, we’re launching a campaign to raise $25,000 by the end of the year. We believe information about entrepreneurs and tech should be accessible to everyone and your support helps make that happen, because journalism costs money.
Can we count on you? Your contribution to the Technical.ly Journalism Fund is tax-deductible.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!