Verizon Communications has made it clear that it won't bring FiOS to any new markets, but CFO Fran Shammo told investors it would consider expansions once the current buildouts have given it the best return on its investment.
Verizon launched a promotion called "double up," which is aimed at driving sales of FiOS triple-play bundles and smartphones that run on its 4G network.
Verizon insists that despite recent reports it has no plans today or in the future to limit the amount of bandwidth that its FiOS customers use every month.
Netflix revealed that while subscribers that use Verizon FiOS and other broadband services will see sluggish service, they can still access content, albeit at a lower quality or with some "startup delays" during peak hours, reports FierceOnlineVideo citing a Wall Street Journa l story. According to the report, some FiOS subscribers reported that Netflix streams have become "unwatchable." Read more
Cox Communications hasn't raised subscription fees on its Hampton Roads, Va., system, where it competes with Verizon's FiOS TV, in two years. But following rate hikes last year on FiOS programming packages and equipment, Cox said it'll hit subscribers in Hampton Roads with several price increases on March 1.
Verizon is no longer going to let customers sign up for its much talked about Home Monitoring and Control product, reports FierceCable. John Columbus, a Verizon spokesman, said it stopped accepting new orders in October.
Verizon has stopped accepting orders for its Home Monitoring and Control product, and will only allow FiOS customers who already subscribe to the $9.99 monthly service to continue using it, a spokesman said Monday.
The Fiber to the Home Council Americas has named Kevin Morgan, ADTRAN's director of marketing communications, as the new vice chairman for its board of directors.
Verizon is no longer offering customers who subscribe to both its FiOS and Verizon Wireless services $10 monthly discounts for agreeing to have charges for both services placed on one monthly bill, spokesman Bob Elek said Monday.
Verizon is looking to entice more FiOS Fiber to the Home (FTTH) subscribers by offering new triple-play customers the chance to lock their monthly rate for two years if they sign up for service before April 19.