Verizon adds 20,000 FiOS Video connections in 4Q 2015

6.8 percent Fios revenue growth; 99,000 Fios internet and 20,000 Fios video net additions

NEW YORK — Capping a year of transformational change, Verizon Communications Inc. (NYSE, Nasdaq: VZ) today reported fourth-quarter 2015 earnings of $1.32 per share, or 89 cents per share on an adjusted basis (non-GAAP).

Wireline

Verizon added 99,000 net new Fios internet connections and 20,000 net new Fios video connections in fourth-quarter 2015. Connections totaled 7.0 million for Fios internet and 5.8 million for Fios video at the end of 2015, representing year-over-year increases of 6.3 percent and 3.2 percent, respectively.

FiOS Video Subscribers (‘000)

                                       2014                        2015
                 --------------------------  --------------------------
                    1Q     2Q     3Q     4Q     1Q     2Q     3Q     4Q
                 -----  -----  -----  -----  -----  -----  -----  -----
Connections      5,319  5,419  5,533  5,649  5,739  5,765  5,807  5,827
Net Adds            57    100    114    116     90     26     42     20