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Our Boston FiOS build was driven by LTE needs

Verizon’s recent announcement to bring FiOS to Boston — one of the cities that was initially left out of its initial build target — was driven by a desire to fulfill its wireless LTE and business service desires, its top financial executive said.

Speaking to investors during the MoffettNathanson Media and Communications Summit 2016, Fran Shammo, EVP and CFO of Verizon said that what makes Boston a viable FTTH target is that Verizon can use the fiber to satisfy multiple consumer and business purposes.

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