Frontier says it's making progress in solving issues in its new wireline properties, but that's little solace to some users who have been without service since the transition began on Friday.
Frontier Communications is less than a month out from completing its acquisition of Verizon's properties in three states, but Citigroup has downgraded the telco's rating, saying that its synergies might not meet forecast estimates.
Frontier Communications named Pamela Reeve as its next executive board chairman, succeeding Maggie Wilderotter who served in this position after a 10-year tenure as the company's CEO.
Verizon's latest move to offer a promotional FiOS bundle that includes 75 Mbps, a $150 Visa gift card and 1 year of free Netflix shows how much influence the online video provider has on how consumers get their programming and the role that higher bandwidth can play in supporting the service.
Verizon may have continued to add more FiOS Internet and video customers in the third quarter, but those gains were lower than what it reported in the same period a year ago, illustrating that it is continuing to reach the upper limits of penetration in its existing 13-state region.
Verizon reported that third-quarter consumer wireline results rose 4.5 percent to $3.9 billion, with FiOS revenues representing 76 percent of the total wireline revenues.
Baltimore has joined the growing chorus of municipalities that are fed up with local cable operator Comcast by looking into how they could build their own fiber-based broadband network.
Verizon is giving its small to medium business (SMB) customers access to the symmetrical FiOS speed tiers it launched in July via its SpeedMatch program.
Comcast may be still committed to getting as much out of its hybrid fiber coax (HFC) network as it can, but the cable MSO's move to submit a proposal to build a fiber to the home (FTTH) network supporting 530 homes in Sun Valley, Fla., shows it has plenty of interest in fiber-based broadband services.
Despite having established a new peering deal with Verizon, Netflix revealed that the telco's average streaming speeds actually dropped, reports FierceOnlineVideo.