Verizon (NYSE: VZ) told the New York Assembly Committee on Corporations, Authorities and Commissions in a hearing this week that it invested over $1.8 billion in the state’s wireline and wireless networks in 2014, refuting criticism that it has not lived up to its buildout commitments.
The telco said that it is committed building out new wireline and wireless services in the state. On the wireline side, Verizon said it built out its FiOS FTTH service to over 4 million New York state homes and businesses, for example.