Verizon to Launch FiOS TV in NYC on Monday

Verizon will start selling FiOS TV in New York City on Monday. The announcement will be made at a glitzy ceremony at the Grand Central Station, and will be webcast as well. NYC had granted Verizon a television franchise in May, and the franchise was confirmed by the New York Public Service Commission on July 16. The company today announced that it was getting into offering web video on its set-top boxes.

On the FiOS NYC announcement, this move should turn the heat on Time Warner Cable which is finally going to see some aggressive competition in its home market. It would need to not only increase broadband speeds, it would need to give consumer a reason to stay with them for cable TV.