2008 Woodie Awards
Verizon gives details about FiOS
Keith Cassidy
Issue date: 10/12/06 Section: Campus News
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On September 27, Verizon webcasted a conference call detailing the current progress of Verizon's new Fiber Optic Service (FiOS). FiOS will provide customers video, data, and voice services. The key executives giving presentations during the call were Doreen Toben, the Executive Vice President (EVP) and Chief Financial Officer (CFO) of Verizon, Virginia Ruesterholz, the president of Verizon Telecom, Shadman Zafar, Senior Vice President (SVP) of Verizon's Architecture and Services, and Bob Mudge who is the EVP and Chief Operating Officer (COO) of Verizon Telecom.
Toben gave the overview of the FiOS network and said Verizon is "creating the platform of the future..." by implementing FiOS. She was very confident that this network will "result in sustainable growth," and later saying that FiOS will start turning a profit by 2009 giving benefits to Verizon and shareholders.
Differentiating the FiOS services from that of the cable's companies is important to the Verizon executives. Ruesterholz stated that the FiOS data network is capable of 100 megabits per second (Mbps) download and 10 Mbps upload which is faster than DSL or cable. Additionally, the TV side of FiOS will have on demand programming, superior picture and sound quality, more high definition channels than any other competitor, and a large range of international channels.
Zafar went into detail about the new capabilities of having the FiOS network accessible from the TV boxes. The boxes will be capable "3D polygon rendering" making the boxes capable of playing modern video games. During testing, the delay on the boxes was 50ms, which is within acceptable limits according to Zafar. A feature that is unparalleled by any competitor is the idea of personal broadcasting. One could rent their own channel monthly, and upload any content to their liking. The example Zafar presented was that of a family channel, where one person can upload their family movies and only people with the password can view them being broadcast on that channel. Another example was a high school football team broadcasting their games to the local community. The last major innovation presented was the use of the FiOS network to produce a professional music CD. This was done by an up and coming band, where they were in Boston and the production company was in Dallas. The software being used was able to account for the latency in the FiOS network, which resulted in a delay of 2ms by the end, which was presented as acceptable to the industry.
Toben gave the overview of the FiOS network and said Verizon is "creating the platform of the future..." by implementing FiOS. She was very confident that this network will "result in sustainable growth," and later saying that FiOS will start turning a profit by 2009 giving benefits to Verizon and shareholders.
Differentiating the FiOS services from that of the cable's companies is important to the Verizon executives. Ruesterholz stated that the FiOS data network is capable of 100 megabits per second (Mbps) download and 10 Mbps upload which is faster than DSL or cable. Additionally, the TV side of FiOS will have on demand programming, superior picture and sound quality, more high definition channels than any other competitor, and a large range of international channels.
Zafar went into detail about the new capabilities of having the FiOS network accessible from the TV boxes. The boxes will be capable "3D polygon rendering" making the boxes capable of playing modern video games. During testing, the delay on the boxes was 50ms, which is within acceptable limits according to Zafar. A feature that is unparalleled by any competitor is the idea of personal broadcasting. One could rent their own channel monthly, and upload any content to their liking. The example Zafar presented was that of a family channel, where one person can upload their family movies and only people with the password can view them being broadcast on that channel. Another example was a high school football team broadcasting their games to the local community. The last major innovation presented was the use of the FiOS network to produce a professional music CD. This was done by an up and coming band, where they were in Boston and the production company was in Dallas. The software being used was able to account for the latency in the FiOS network, which resulted in a delay of 2ms by the end, which was presented as acceptable to the industry.
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