Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News  >  Business Leaders  >  All news

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Birthday : 08/11/1957
Place of birth : Tosu - Japan
Biography : Mr. Masayoshi Son is Chairman at ARM Holdings Plc, Chairman at Supercell Oy, Chairman at Sprint Corp
The feature you requested does not exist. However, we suggest the following feature:

Verizon Communications : service set to come online within weeks

share with twitter share with LinkedIn share with facebook
share via e-mail
12/04/2016 | 01:09pm CET

Dec. 04--The first Boston customer accounts for Verizon's high speed FiOS internet service could come online in the next few weeks, the company says, as the city prepares to grant a crucial license to the cable and communications giant.

"We are planning to begin offering FiOS in parts of our very first service area later this month," said Michael Murphy, a spokesman for Verizon. "We estimate that by year's end Fios services will be available to approximately 25,000 premises in Dorchester, the Dudley Square Innovation District of Roxbury, Roslindale and West Roxbury."

Verizon said earlier this year it would spend $300 million over six years to install high-speed fiber optic lines throughout the city, beginning with Dudley Square, parts of Dorchester and West Roxbury.

Boston has no authority to oversee internet service in the city, but does have the power to regulate cable television providers, which Verizon aims to offer as well.

A draft cable license -- a requirement to offer cable television -- is expected to be approved soon, clearing the way for Verizon to begin selling and marketing FiOS.

"My expectation is we will make a decision quite quickly, as soon as next week," said Jascha Franklin-Hodge, chief information officer for Boston. "We anticipate being able to reach an agreement on a final agreement in the near term."

The license only grants Verizon the ability to serve certain neighborhoods, but can be expanded. The license says Verizon must offer service to anyone who wants it, with some exceptions experts said are relatively standard.

One thing the license does not include is requirements for Verizon's workforce, including mandating union labor, which advocates pushed for -- and got -- in license negotiations between Verizon and Philadelphia last year. But Myles Calvey, business manager for IBEW Local 2222, which represents Boston's Verizon workers, said those provisions weren't necessary because Local 2222's contract says Verizon must use union workers and cannot hire non-union contractors.

Calvey said the FiOS installation has brought some much-needed work for the union.

"This has been a resurrection for us, we had been dying on the vine, no one was taking copper wires," Calvey said, referring to copper lines historically used for phone and slower internet connections. "Nobody was getting landlines anymore, this brought new work and good work."

Verizon also said it would also fund a mobile hotspot lending program through the Boston Public Library and work with city officials on "smart city" projects. Neither of those are included in the license, but a BPL spokeswoman said the hotspot lending program is in development.


(c)2016 the Boston Herald

Visit the Boston Herald at www.bostonherald.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news about Masayoshi Son 
07/21DJMASAYOSHI SON : SoftBank's Son Lays Out Future of Smart Robots, Emotional Cars
07/19 MASAYOSHI SON : Japan's Son chased $32 billion ARM deal by the sea in Turkey
2015 MASAYOSHI SON : Son says vice chairman Arora a strong future candidate to lead SoftBank
2014 MASAYOSHI SON : SoftBank's first Sony smartphone deal takes aim at U.S. market
2014 MASAYOSHI SON : SoftBank's Son says new Sprint CEO a 'streetfighter', hints at price war
2014 MASAYOSHI SON : SoftBank to start selling personal robots next year
2013 MASAYOSHI SON : Third point has made no management proposals to SoftBank
2013 MASAYOSHI SON : SoftBank's Son buys Tokyo Tiffany building for $326 million -sources
2013 MASAYOSHI SON : Softbank CEO Son says 'very supportive' of Alibaba's partnership
2013 MASAYOSHI SON : Softbank on track to complete Sprint acquisition by July
2013 MASAYOSHI SON : SoftBank to meet Sprint investors, many eye higher bid
2013 MASAYOSHI SON : Ergen puts chips on Sprint in latest wireless bet
2012 MASAYOSHI SON : Raine Group arrives in big way as Softbank's adviser
1  2  3  4  5  6  7  8  9  10Next

Most Read News 
11/29 ISABELLE KOCHER : Engie chairman Mestrallet confirms support for CEO Kocher
11/30 WILLIAM ACKMAN : Ackman's fund asks SEC for exemption after campaign donation
11/30DJWILBUR ROSS : Wilbur Ross to Be Trump's Commerce Secretary
12/01DJSHERYL SANDBERG : Facebook COO Sheryl Sandberg Donates $100 Million to Charities
12/02 THOMAS WILSON : Japan regulators working on new rules to prevent leaks by company executives
11/29DJWILBUR ROSS : Potential Cabinet Pick Wilbur Ross Jr. Has Used Trade to His Benefit
12/02DJPETER NICHOLAS : Donald Trump Promises to Usher In New 'Industrial Revolution' in Ohio Rally
More news

Popular Business Leaders 
Paul Achleitner William Ackman Alain Afflelou Frank Appel Luc Besson Jeff Bezos Kurt Bock Vincent Bolloré Warren Buffett Michael Dell Jamie Dimon Thorsten Dirks Jack Dorsey Patrick Drahi John Edwards Klaus Engel Mark Fields Carlos Ghosn Mario Greco Philip Green Yves Guillemot David Henry Jean-françois Hénin Carl Icahn Jérôme Kerviel Ian King David Koch Isabelle Kocher Daniel Loeb Jack Ma Rupert Murdoch Elon Musk Daniel Och Ferdinand Piëch Sumner Redstone Alexandre Ricard Kasper Rorsted Wilbur Ross George Soros Ulrich Spiesshofer Rupert Stadler John Stumpf Ratan Tata Tidjane Thiam François Villeroy De Galhau George Weston Thomas Wilson Martin Winterkorn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders