A good move by Fios to provide local news to its metro New York City customers….
Should also make Verizon’s competitor Cablevision’s Optimum some money…..
Verizon FiOS customers will have access to newscasts from News 12 Networks starting in November, executives announced Wednesday.
Previously, News 12 had been provided exclusively to Optimum customers under former owner Cablevision Systems Corp. of Bethpage and more recently Altice USA Inc. of Long Island City, Queens.
The news coverage offered by News 12 has long been a key competitive advantage for Optimum over FiOS, according to securities filings by Cablevision.
News 12 was started in 1986 by Cablevision founder Charles F. Dolan as the cable television industry’s first 24-hour local news channel.
Verizon’s plan to carry News 12 comes less than a month after the company said it would shut down FiOS1 News at midnight on Nov. 15 and provide an alternative 24-hour hyperlocal news channel to its subscribers.
In addition to News 12, she said, FiOS customers will have access to two additional news channels owned by Altice starting in early 2020: i24NEWS, which focuses on news reports from the Middle East and other parts of the world, and Cheddar, which produces business news reports aimed at young people….