Verizon Settles Fios Lawsuit in New York [telecom]

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The original deal was meant to ensure that the Fios capability was made available in lower-income areas of the five boroughs.

by Stephen Silver

Verizon and New York City, just before Thanksgiving, reached a settlement in a long-running dispute over the installation of Fios in the nation's largest city.

The city had sued in Verizon in 2017, per The New York Post, accusing the company of reneging on an agreement reached in 2008, under Mayor Michael Bloomberg, to make Fios available as an option to everyone in New York City. That followed an audit by the city which showed that many areas of the city were not wired for Fios service.