THOUSAND OAKS, Calif. -- Gov. Arnold Schwarzenegger signed an executive order Friday (Oct. 27) streamlining the approval process for building high-speed networks in California and creating a task force charged with making sure the state is at the forefront of broadband infrastructure deployment. The following statement should be attributed to Verizon West Region President Tim McCallion:
"We are encouraged by Gov. Schwarzenegger's executive order committing to increase broadband access and deployment of high-speed networks to benefit the residents and the economy of California.
"Verizon is already in the process of upgrading its network in California, investing hundreds of millions of dollars and creating thousands of jobs over the past two years to build an unparalleled fiber-optic network in our service territory.
"This all-fiber network already provides thousands of California households with new choices in television programming and data connections of up to 30 megabits per second. Networks like this will make possible the groundbreaking broadband applications of the future, such as the telemedicine technology that the governor showcased Friday."
Verizon Communications Inc. (NYSE:VZ), a Dow 30 company, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 55 million customers nationwide. Verizon Business operates one of the most expansive wholly-owned global IP networks. Verizon Telecom is deploying the nation's most advanced fiber-optic network to deliver the benefits of converged communications, information and entertainment services to customers. Based in New York, Verizon has a diverse workforce of more than 252,000 and generates annual consolidated operating revenues of approximately $90 billion. For more information, visit www.verizon.com .