QUESTION
Why have discussions with Verizon and other providers not led to a partnership for Big Apple Connect?
0:52:31
·
44 sec
Conversations with Verizon and other service providers regarding Big Apple Connect have not progressed to actionable partnerships due to fiscal responsibilities and current provider agreements.
- Discussions with Verizon and other providers have taken place but haven't led to a partnership for Big Apple Connect.
- The foundation of Big Apple Connect is based on the city's cable franchise agreement, which includes broadband and basic TV.
- Fiscal responsibility and the city's justification of costs are key factors in not moving forward with new providers.
- The current contracted providers allow the program to offer the service within the city's budgetary constraints.
Jennifer Gutiérrez
0:52:31
Has there been any progress in working with Verizon or any of the other providers or smaller providers?
Matthew Fraser
0:52:37
It's a we we The foundation of Big Apple Connect is built off the Citi's cable franchise agreement because it's more than just broadband connectivity, it's broadband and basic TV.
0:52:48
We've had conversations with Verizon, but unfortunately, at this moment, we haven't been in a space where the conversations have yielded anything that puts in a position to move in that direction Mhmm.
0:53:01
Are foundational.
0:53:02
In addition to providing connectivity, we have to be physically responsible and the providers that we are currently contracted with allows us to provide the service at a cost that the city the city can justify.
Jennifer Gutiérrez
0:53:14
Okay.