Verizon Communications will commercially launch its LTE broadcast network in 2015 enabling it to broadcast events, such as sporting events, to a large number of subscribers at the same time. Fran Shammo, Verizon's CFO, said that the company will have the LTE broadcast network ready in third quarter with commercial launch next year. Shammo announced this development during the company's second quarter earnings call today.
Verizon's FiOS results bounced back in the second quarter, with revenues rising 14.4 percent year-over-year to $3.1 billion due to an uptick in both broadband and video subscriptions.
Verizon Communications is giving its FiOS data customers another reason to smile about their experience by upgrading all of its existing data tiers to symmetrical speeds.
Verizon is sweetening the FiOS user experience by giving users access to a two-month virtual concert on demand through a partnership with Music Choice and supplemented with additional concert content from AXS TV and Concert TV.
Verizon FiOS user Paul McNamara reported that his TV, phone and broadband services were cut off due to ants eating through the outer casing of the fiber optic cable that brings service into his home.
Verizon may be aggressively bringing fiber to the home (FTTH) services into multi-dwelling units (MDUs)--particularly in areas like New York City--but the segment has a number of unique attributes.
Verizon has taken another step in transitioning its copper network to all-fiber in western Fire Island, New York, as the state's Public Service Commission (PUC) said it recommended closing its review of the telco's plans.
Verizon may see New York City as one of its key growth markets for FiOS, but it looks like it won't meet its June 30, 2014 deadline to fulfill its promise of building out its fiber to the premises (FTTP) network throughout the entire city.
FairPoint has upgraded its last mile network in eight southern New Hampshire communities to extend 100 Mbps speeds to more than 58,000 subscribers that qualify for the fiber to the home (FTTH) service. FairPoint assumed ownership of the network when it purchased Verizon's New England lines in 2008.
Verizon's FiOS customers are being greeted with yet another fee as the telco has added a $1 charge to its FiOS voice bills.