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Verizon Selects Motorola to Provide
Infrastructure and Customer Premise Equipment for Video Services on Verizon
Fiber-to-the-Premises Network
NEW YORK and
HORSHAM, Pa. – 26 October 2004 – Motorola, Inc. (NYSE:
MOT) and Verizon (NYSE: VZ) today announced they have signed a multi-year
contract for Motorola to provide video network infrastructure and video consumer
premises equipment related to Verizon’s launch of video services on the
company’s new fiber-to-the-premises (FTTP) network next year. Motorola
will also provide project integration and operational
services.
“This exciting new network
we’re building will lead to a true convergence of voice, data and video
services on one network,” said Paul Lacouture, president-Network Services
Group for Verizon. “We currently deliver voice and high-speed data over
this new network, and the available bandwidth that fiber provides makes the
addition of video services the next logical step. We’re very pleased that
Motorola will be working with us to deliver this exciting new service to Verizon
customers beginning next
year.”
“Motorola and Verizon have
enjoyed a long-standing relationship across a variety of technology platforms
and services. Today, we are pleased to strengthen our affiliation with a new
initiative, as Verizon moves toward becoming a provider of video
services,” said Daniel M.
Moloney, Motorola executive vice president, and
president, Broadband Communications Sector. “Motorola’s unique
combination of technology, experience and innovation in the deployment of video
solutions will ensure this endeavor is a successful
one.”
Motorola’s newly-formed
Telecom Access Solutions business will provide Verizon project management and
operational and integration services. A part of the company’s Broadband
Communications Sector, this business enables telecommunication service providers
to deliver triple-play services over a variety of network architectures and
access platforms, including copper, fiber and fixed broadband wireless
networks.
Motorola has provided the telecom
industry with video infrastructure technology for over ten years. The company
delivers over 700,000 independent streams of digital video, representing over
90% of the North American installed base of xDSL video
service.
Verizon has announced it will pass
some 1 million homes and businesses with the new FTTP network this year, in
parts of nine states. In 2005, the company expects to double its FTTP
deployment and launch its first video services over the new
network.
About
Motorola
Motorola, Inc. (NYSE: MOT) is a global
leader in wireless, broadband and automotive communications technologies that
help make life smarter, safer, simpler, synchronized and fun. Sales in 2003 were
U.S. $27.1 billion. Motorola creates innovative technological solutions that
benefit people at home, at work and on the move. The company also is a
progressive corporate citizen dedicated to operating ethically, protecting the
environment and supporting the communities in which it does business. For more
information: www.motorola.com.
About
Verizon
A Dow 30 company, Verizon
Communications (NYSE:VZ) is one of the world’s leading providers of
communications services, with approximately $68 billion in annual revenues.
Verizon companies are the largest providers of wireline and wireless
communications in the United States. Verizon is also the largest directory
publisher in the world, as measured by directory titles and circulation.
Verizon's international presence includes wireline and wireless communications
operations and investments, primarily in the Americas and Europe. For more
information, visit
www.verizon.com.
VERIZON’S ONLINE NEWS
CENTER: Verizon news releases, executive speeches and biographies, media
contacts and other information are available at Verizon's News Center on the
World Wide Web at www.verizon.com/news.
To receive news releases by e-mail, visit the News Center and register for
customized automatic delivery of Verizon news releases.
# # #
Media
Contacts:
Motorola
Paul
Alfieri
+1-215-323-1804
paul.alfieri@motorola.com
Verizon
Mark
Marchand
+1-518-396-1080
mark.a.marchand@verizon.com
MOTOROLA and the Stylized M Logo are registered in
the US Patent & Trademark Office. All other product or service names are the
property of their respective owners. © Motorola, Inc. 2004.
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