Verizon is hoping to convince startup businesses to establish or expand themselves in lower Manhattan by taking part in a new contest where the winner will get FiOS 300/65 Mbps Quantum service for free for one year.
Verizon is staffing its national customer-retention center in Tampa with 100 new sales representatives to support various sales and customer support functions mainly for its wireline FiOS Internet and FiOS TV services.
Verizon is addressing the multiscreen nature of their video subscribers with a new FiOS TV app that allows users to control their service on their Android mobile devices.
Verizon FiOS's top speed may only be 300 Mbps, but Fran Shammo, EVP and CFO of Verizon told investors that it can deliver 1 Gbps service similar to what Google Fiber is touting--when the demand comes.
Verizon's EVP and CFO Fran Shammo, according to a report in FierceCable, said that while the telco anticipates higher churn for FiOS products during the summer months, he is "confident" the telco will achieve its goal of adding 600,000 new subscribers by the end of the year.
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.
While admitting that "as technologists, we're probably underestimating what the future will bring," Verizon CTO Tony Melone said the company is set on a path of using four specific platforms--wireless, a global IP backbone, FiOS and data centers--to plot the best course it can for its own future.
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.