OREANDA-NEWS. March 26, 2014. New Jersey’s consumers, businesses and government agencies continued to benefit from Verizon’s 2013 investment of more than USD 649 million in its industry-leading fiber-optic and Internet Protocol-based networks. In the last five years, Verizon New Jersey has invested more than USD4 billion in its wireline telecommunications infrastructure.

“As one of the leading investors of capital in New Jersey, Verizon is continually enhancing our networks to leverage the latest technologies to meet our customers’ needs and to fuel the Garden State’s economic development and growth,” said Paul Sullivan, region operations president for Verizon New Jersey. “It’s exciting to imagine how the next wave of technological innovations will transform the way people communicate, and Verizon has the network infrastructure in place to meet the ever-growing demands of an interconnected world.”