This is an excerpt shows that this is being done via Verizon NY, the state public telecommunications utility and the City– it is not just ‘Verizon”, the holding company. And notice that it specifically mentions that this is an upgrade of the existing networks and the networks being put in are classified as “Title II”, under the Communications Act of 1934. — This allowed Verizon to charge local phone customers for the “massive deployment of fiber optics”, and rate increases. — which were done at the state level by the NY Public Service Commission — but they never did an audit of the books, or any examination of customer funding or that this franchise was only for NYC — while anyone with phone service over the last 2 decades will have paid for the upgrades.
(Originally posted on LinkedIn)
The Verizon NY Franchise with NYC states that the fiber optic networks are put in under Title II and part of the upgrading of the state telecommunications public networks.