The ongoing success of U-verse broadband and IPTV is an indicator that AT&T will succeed with its multibillion-dollar wireless/wireline broadband expansion, Project VIP, John Stephens, senior executive vice president and CFO said during prepared remarks about the company's second quarter earnings.
Looking to stave off competition from a super DVR Verizon is developing for FiOS TV, Cablevision said Wednesday that it has juiced up the recording capabilities of its network-based DVR, which can now record up to 10 programs simultaneously.
Verizon added 140,000 FiOS video customers in the second quarter and now has more than 5 million customers nationwide, the carrier said in announcing second quarter earnings. The 140,000 additions were less than the 169,000 video subs Verizon added in the first quarter, but still an improvement over cable numbers which continue to decline.
Verizon said Thursday that it picked up 140,000 net new FiOS TV subscribers and 161,000 FiOS Internet subscribers in the second quarter, and that it is on track to add more than 600,000 new FiOS subscribers by the end of 2013.
Cablevision posted a net loss of $16.6 million for the first quarter as its profits were drained by subscriber losses, decreased revenue and increased spending on customer premise equipment.
Frontier Communications said it picked up 18,300 video subscribers in the first quarter, driven by its agreement to resell Dish Network satellite TV programming to its rural telephone customers.
Synacor stock jumped about 22 percent Wednesday after it announced a deal to provide TV Everywhere authentication for Verizon's FiOS TV subscribers.
Comcast's Golf Channel launched a Golf Live Extra app for Apple's iPhone and iPad and Google Android mobile devices that lets authenticated subscribers watch live programming anywhere with an Internet connection.
There has, of late, been some effort to dismiss the value of television as just a component of a broadband experience. The misguided thinking is that TV is peripheral, a video component to a wider ranging broadband initiative. That certainly flavored my conversation with Greg Consiglio, president and COO of second screen app provider Viggle.
Dish Network has filed several trademark applications to utilize the brand Otto for voice recognition software that could be used to power both its satellite TV service and the mobile phone product it is developing.