Tuesday, May 17, 2005

Florida Municipality Awards Video Franchise to Verizon

The city of Temple Terrace, Florida, which has a population of 23,000, is the first municipality in the state to award a video franchise to Verizon for its FiOS TV product, to be delivered via its new, all-fiber network.

Verizon's Temple Terrace franchise will provide an unrivaled video service to its residents. Under the agreement, which covers 15 years and includes a $35,000 grant, Verizon will provide service to all of Temple Terrace once the company's fiber network is completely built out. In addition, the agreement contains provisions for the network's future growth; financial support and capacity for educational and governmental access channels; support for a future institutional network (I-NET) that can link schools, libraries and other institutions; cable service to government buildings at no cost; and other important protections including insurance, indemnification and enforcement protections.

Verizon has also received video franchises in the Texas communities of Keller, Wylie, Sachse and Westlake, as well as in Beaumont, California.

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