Verizon FIOS video subscribers up 36,000 in 3Q 2016
Thursday, October 20th, 2016NEW YORK — Third-quarter 2016 earnings at Verizon Communications Inc. (NYSE, Nasdaq: VZ) showed continued strong profitability and customer loyalty at Verizon Wireless, and renewed customer growth for Fios fiber-optic services.
Wireline
Total revenues for Fios services grew 4.4 percent, to $2.8 billion, comparing third-quarter 2016 with third-quarter 2015. Rebounding from net connection declines in second-quarter 2016 due to a work stoppage, Verizon added a net of 90,000 Fios Internet connections and 36,000 Fios Video connections in third-quarter 2016.
FiOS Video Connections (‘000)
2014 2015 2016 ----- -------------------------- ------------------- 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q ----- ----- ----- ----- ----- ----- ----- ----- Total 4,453 4,535 4,565 4,610 4,635 4,678 4,637 4,673 Net Adds 101 82 30 45 25 43 (41) 36
Latest News
- X Corp confirms intention to launch app for Smart TVs
- Japan's pay TV segment to see steady decline in subscriptions
- HVOD, live sports and password crackdown could reinvigorate Danish streaming
- Tata Motors selects HARMAN Automotive's in-vehicle app store
- Media Distillery to power Swisscom ad-free replay product
- MagentaTV strengthens addressable TV business with Equativ