Verizon FIOS consumer video subscribers down 68,000 in 3Q 2021
Wednesday, October 20th, 2021
NEW YORK — Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported third-quarter earnings today highlighted by revenue and customer growth as more than one in four Consumer wireless phone customers now have a 5G-capable device.
Consumer results
The quality and reliability of the company’s Fios service continued to drive strong demand as Consumer reported 98,000 Fios Internet net additions in third-quarter 2021. Consumer Fios revenues were $2.9 billion in third-quarter 2021, an increase of 4.3 percent year over year. Consumer reported 68,000 Fios Video net losses in third-quarter 2021.
Fios Video Connections (‘000):
2019 2020 2021 ------------ -------------------------- ------------------- 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q ----- ----- ----- ----- ----- ----- ----- ----- ----- Consumer Connections 4,203 4,152 4,068 3,987 3,926 3,854 3,772 3,710 3,642 Net Adds (67) (51) (84) (81) (61) (72) (82) (62) (68)
Links: Verizon
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