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13
VERIZON COMMUNICATIONS INC. 2007 ANNUAL REPORT
Early online applications like email were primarily text-based and
rode over existing telephone and cable networks. But now a new
generation of broadband, fueled by the demand for interactive
multimedia and high-definition content, is gaining popularity in the
marketplace.
The number of homes with high-definition TVs continues to
grow, as does the prevalence of computers in the household. At the
same time, the content and applications that run on these devices
require an increasing amount of bandwidth coming into the home.
Copper wires and coaxial cables simply aren’t the best solution for
delivering the advanced communications services of the 21st century.
Only fiber-optic cables have the necessary bandwidth to keep pace
with consumer demand in the years ahead.
With Verizon’s all-fiber network, our customers’ homes and
offices are wired for the future. We’re the only major communications
company that’s installing fiber directly to homes and businesses
on a mass scale across the country. Our fiber-optic network offers
nearly unlimited bandwidth for voice, Internet and high-definition
TV services, and is designed to handle new applications as they’re
developed.
Thanks to the massive bandwidth of fiber, Verizon’s FiOS Internet is
the fastest service available, with speeds as high as 50 Mbps (megabits
per second). No other provider comes close. As our customers
continue to need more “downstream” bandwidth to download music,
movies and other high-capacity applications, we can easily add
additional bandwidth to meet their needs. In addition, customers
are demanding faster “upstream” speeds for sending photos, videos
and other large files to their family and friends. Again, Verizon’s fiber
network is unmatched. In 2007, Verizon introduced a symmetrical
FiOS Internet service with upload and download speeds of up to 20
Mbps, which is ideal for uploading large files to businesses from work-
at-home employees. We are the only company to offer symmetric
Internet service at these speeds on a mass scale.
Verizon’s FiOS TV service is also provided over our advanced
fiber-optic network. Because of our direct fiber connection, FiOS TV
delivers amazingly sharp pictures and sound. And with the virtually
unlimited bandwidth potential of fiber, Verizon will be able to provide
more high-definition channels and programs than any other video
provider. So as the number of HD channels continues to grow, our
advanced network will be able to meet our customers’ increasing
appetite for more bandwidth.
Verizon is delivering the broadband future right to our customers’
front doors. By connecting our fiber network directly to homes and
businesses, we are uniquely positioned to enable the bandwidth-
intensive applications and services that will continue to transform the
world we live in.