Verizon to announce FiOS rollout in New York City

Verizon has scheduled a webcast for Monday, where it will officially announce rollout plans and pricing for FiOS in New York City, which has over 8.2 million residents, providing a huge boost for the service that counts only 1.8 million customers.

Thus far, Verizon's FiOS television and Internet service has been largely relegated to the suburbs, where the company could more easily dig down to install fiber optic lines. Major metropolitan areas have seen only spotty FiOS coverage, making the New York City launch an important milestone for Verizon. The company was granted approval from the city last week to offer its television service. Verizon also plans to host an event at Grand Central Terminal.