Verizon reported that despite seeing a slowdown in overall customer additions due to weather issues in the Northeast, FiOS revenues still rose 15.5 percent to $3 billion.
Google Fiber may have not named New York City on its recent list of planned 34 cities where it could build out its 1 Gbps fiber to the premises (FTTP) service, but its employment page revealed it is looking to hire sales support staff in the city, reports Geek.com.
Verizon introduced a new loyalty plan earlier this year focused on adding value for FiOS customers called My Rewards+, an initiative designed to recognize a customer's service choice and provide rewards for certain behaviors. Now it appears that it's paying off.
Verizon may have no immediate plans to enter new markets with FiOS, but in existing markets like California and Massachusetts, the service provider extended the service to a total of 2.4 million homes and businesses in 2013.
Verizon may still be a relative newcomer in the consumer TV race, but its efforts have paid off as its FiOS came in first in Consumer Reports' overall satisfaction survey, beating out Comcast, which came in 15 th out of 17 service providers in the category.
AT&T and Verizon collectively saw strong gains in their next-gen U-verse and FiOS service portfolios, adding a total of 828,000 subscribers during the third quarter. But overall growth in the broadband market has slipped, a Leichtman Research Group study finds.
After months of speculation, Verizon finally pulled the trigger to purchase Vodafone's 45 percent stake in Verizon Wireless for $130 billion. Jim Barthold, editor of FierceIPTV, opines in his latest Editor's Corner that this purchase could signal the end of FiOS as a viable wireline broadband product.
Video services may once have been cable's cash cow for decades, but according to a new Leichtman Research Group report it's clear that AT&T and Verizon are gaining ground in the TV services race
Verizon said in 2012 it invested over $549 million in its California wireline networks and IT infrastructure with a particular focus on expanding its FiOS data and video service.
Fiber to the Home may have the allure of greater bandwidth that a traditional cable or DSL connection can't match, but the analyst community does not agree on how fast it's going to grow.