Verizon FIOS consumer video subscribers down 69,000 in 4Q 2021
Tuesday, January 25th, 2022NEW YORK — Verizon Communications Inc. (NYSE, Nasdaq: VZ) closed 2021 with another quarter of strong wireless service revenue growth and increased 5G phone adoption, as more than one in three Consumer wireless phone customers now have a 5G-capable device.
Consumer results
Consumer reported 51,000 Fios Internet net additions in fourth-quarter 2021, and 339,000 Fios Internet net additions in full-year 2021. Consumer Fios revenues were $2.9 billion in fourth-quarter 2021, an increase of 5.6 percent year over year. Consumer reported 69,000 Fios Video net losses in fourth-quarter 2021.
Fios Video Connections (‘000):
2020 2021 -------------------------- -------------------------- 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q ----- ----- ----- ----- ----- ----- ----- ----- Consumer Connections 4,068 3,987 3,926 3,854 3,772 3,710 3,642 3,573 Net Adds (84) (81) (61) (72) (82) (62) (68) (69)
Links: Verizon
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