$627M Invested by Verizon in NJ Wireline and IT Communications

Company, with major corporate center in Basking Ridge, said it investe $627 million in NJ wireline networks and information technology in 2012.

Verizon has announced that the company invested more than $627 million in its New Jersey wireline networks and information technology infrastructure in 2012 to enable Verizon networks to continue to meet the state's growing broadband, communications and information needs. “The economic health of New Jersey is increasingly tied to robust and modern communications networks, and Verizon’s continued infrastructure investments ensure that New Jersey stays at the front of the line in state-of-the-art communications for both consumers and businesses,” said Paul Sullivan, Verizon region president of consumer and mass business for New Jersey.  “Advanced networks spur innovation, commerce, business development, learning and communication at an …

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