Startups
Internet

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
Subscribe

Knowledge is power!

Subscribe for free today and stay up to date with news and tips you need to grow your career and connect with our vibrant tech community.

Trending

Looking for a resilient career? Check out these 13 local orgs

This Week in Jobs: Sketch out a new role with these 28 tech career opportunities

How I Got Here: Det Ansinn's career as a CTO and founder taught him to prioritize the people behind the tech

What will 2024 mean for your tech community? Technical.ly will explore with these 12 editorial calendar themes

Technically Media