Verizon's investment in Maryland telecom network tops $560 million in 2001 - Business - Brief Article - Statistical Data Included

Fiber Optics Business, Feb 28, 2002

Verizon said that it spent more than $560 million -- about $1.5 million a day -- to modernize, expand, and upgrade the sophisticated telecommunications network that serves Marylanders.

Verizon's capital investment in 2001 was used primarily to expand the company's fiber optic and other cable facilities, as well as to increase the capacity and reliability of several of the company's call-routing centers.

In Maryland last year, Verizon added more than 31,000 miles of fiber optics to its network. The company has more than 467,000 miles of fiber optics in the state overall -- enough to circle the earth nearly 19 times. Fiber optic systems use laser-generated light pulses and digital technology to provide greater capacity, higher transmission speeds, and better quality for voice, video, and data transmitted over the network.