Startups

Verizon invested $53M in Delaware’s fiber-optic network

The company says it has laid 3,100 miles of fiber in the First State.

Verizon. (Photo by Flickr user Mike Mozart, used under a Creative Commons license)

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.

Companies: Verizon

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Fintech startup Best Egg secures $500M in sales from financial orgs

What actually is the 'creator economy'? Here's why we should care

This Week in Jobs: Travel far in your career with these 26 open tech roles

Drones and robots are becoming essential farm tools, as agriculture gets smart

Technically Media