Verizon has gotten the approval of the city’s Franchise and Concession Review Committee to start offering its bundled TV and Internet service FiOS in New York City.

Even though the first step has been made, the wireless company will still have to get the New York Public Service Commission’s approval. If this will happen, some of the New Yorkers might be able to subscribe to the service by the end of the year.

Until now, the only cable companies that have been present in the city’s five boroughs have been Time Warner and Cablevision, while RCN has reached only a few number of households.

While FiOS’s arrival could make some people hope that the prices for cable TV might drop, this is not expected to happen as soon as the company launches its service. Verizon usually comes with a lot of special offers during the period when it launches its services in a new town, but then the fees go back to normal.

A thing that might cause frustration among New Yorkers is the fact that the company will not be able to offer its service to the whole city until 2014. The problem that Verizon is facing is the fact that it doesn’t have the entire fiber optics infrastructure in place. Even though it has supposedly wired all of State Island and half of Manhattan, this amounts to only 20 percent of the number of households in New York City. However, Verizon hopes that by the end of 2009 it will have enough coverage in the other three boroughs, Bronx, Queens and Brooklyn, as well.