NEW: Verizon Invested More Than $113M in RI Infrastructure in 2012

Thursday, March 07, 2013


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Company says investment makes life "more conveniant" for customers.

Saying that it is continuing to “meet the growing broadband, communications and information needs of Ocean State consumers and businesses,” Verizon Wireless announced today that it invested more than $113 million in its Rhode Island’s wireline networks and information technology infrastructure in 2012.

“The economic health of Rhode Island, and the people who live and work there, is increasingly tied to robust and modern communications networks, and Verizon’s significant infrastructure investments provide a prescription for growth,” said Allison G. Cole, Verizon region president for consumer and mass business markets in New England. “Advanced networks spur innovation, commerce, business development, learning and communication at an accelerated pace.

According to the company, more than half of U.S. consumers say internet service is their home’s most important convenience and, Verizon says, their investment helps consumers whether they’re “touring the Louvre from [their] laptop, watching TV on [their] tablet, or monitoring blood pressure online.”

“The power of our networks is helping consumers and businesses advance their own agenda and remove technological boundaries,” Cole said.


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