Verizon's wireline results in Q1 2013 were once again dominated by the growth of its FiOS Internet and TV offerings, which helped to drive up overall wireline consumer revenues 4.3 percent to $3.6 billion.
Verizon, according to financial analyst estimates, is expected to report that Q1 2013 earnings per share will rise 11.8 percent on strong wireless and FiOS services revenues. The telco will report its earnings before the opening bell rings on Wall Street tomorrow at 8 a.m. ET.
Verizon is pulling its most popular widget, YouTube, from its FiOS interactive menu, the carrier has informed its existing customers. A direct Internet stream will be available to new set-tops starting later this year for subscribers who want to access the Google-owned video service.
LAS VEGAS--Verizon Communications Chairman and CEO Lowell McAdam said his company is being pressured by consumers to offer a la carte pricing for its FiOS TV service and he believes this is a concept worth considering.
Verizon Communications views its Flex View on demand service as a necessary piece of its FiOS offering because it keeps customers from churning. In fact, a Verizon executive said that FiOS customers who use Flex View on demand, are three times less likely to churn than customers who do not use the mobile service.
Verizon began notifying its FiOS TV subscribers Thursday that it will move ESPN Classic and ESPN Goal Line / Buzzer Beater next month to its most expensive programming tier, the FiOS Ultimate HD package.
Verizon said Thursday that it will shoot two college lacrosse matches for its FiOS1 regional channel next week, less than one mile from the Bethpage, N.Y., headquarters of rival Cablevision.
Verizon Communications is teaming with New York City to test a way to more quickly deploy fiber in the city. According to Bloomberg, this pilot program will use a technique called "micro-trenching" that will allow Verizon to carve shallow grooves in the ground to deploy fiber.
Venerable research magazine Consumer Reports has concluded what service providers have said for years: bundles are the best way to save money when buying telecom services. Of course service providers have also always added the proviso that bundling also glues subscribers to their services—but Consumer Reports really doesn't care about that.
AT&T and Verizon are the two telcos that offer the best bundled service value, according to the latest Consumer Reports survey of the top cable TV, high-speed Internet and phone providers.