Verizon adds 42,000 FiOS Video connections in 3Q 2015

Tuesday, October 20th, 2015
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114,000 fios internet and 42,000 fios video net additions

NEW YORK – Fueled by wireless and fios connections growth and continued customer loyalty, Verizon Communications Inc. (NYSE, Nasdaq: VZ) today reported third-quarter 2015 earnings of 99 cents per share, or $1.04 per share on an adjusted basis (non-GAAP).

Wireline

In third-quarter 2015, Verizon added 114,000 net new fios internet connections and 42,000 net new fios video connections. Both are increases from second-quarter 2015. Verizon had totals of 6.9 million fios internet and 5.8 million fios video connections at the end of the third quarter, representing year-over-year increases of 7.2 percent and 5.0 percent, respectively.

FiOS Video Subscribers (‘000)

                                       2014                 2015
                 --------------------------  -------------------
                    1Q     2Q     3Q     4Q     1Q     2Q     3Q
                 -----  -----  -----  -----  -----  -----  -----
Connections      5,319  5,419  5,533  5,649  5,739  5,765  5,807
Net Adds            57    100    114    116     90     26     42