NYC reaches cable agreement with Verizon

April 29, 2008 8:36:52 AM PDT
New York City residents may soon be able to choose their cable television provider. The city says it has reached agreement with Verizon for a cable television franchise contract. It calls for increased channel capacity and funding for all public, educational and governmental channels.

Most city households now have only one cable provider: Time Warner, which covers Manhattan, Queens, western Brooklyn and Staten Island; or Cablevision, which serves the Bronx and eastern Brooklyn. Verizon would offer cable service in all five boroughs.

The agreement must be approved by the city's Franchise and Concession Review Committee.

Verizon says its advanced fiber cable network would reach 30 percent of households by 2008, 50 percent by 2010 and all households by 2014.