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.
Verizon's move to purchase Intel's OTT service OnCue is promising in that it could give the incumbent telco another tool to deliver services over both its existing FiOS network and over the top to any device. However, there are questions about just how serious it is about the OTT TV opportunity. Josh Wein, editor of FierceOnlineVideo, examines the possibilities in his latest Editor's Corner.
Frontier Communications said Wednesday that its FiOS TV subscribers in Oregon, Washington and Indiana can now access TV Everywhere content from Turner Broadcasting's cable networks, along with Fox News Channel, Fox Business Channel and NBCUniversal's coverage of the Winter Olympics.
Verizon said Tuesday that it gained 92,000 FiOS TV customers in the fourth quarter, with subscriber growth slowing compared to the 134,000 net FiOS TV additions that it reported in Q4 2012 and the 194,000 that it picked up during the same period in 2011.
Verizon's fourth-quarter wireline segment success was again driven by FiOS, where revenues rose 14.9 percent year-over-year to almost $2.8 billion as more customers purchased higher speed broadband tiers.
Verizon said Tuesday that it plans to launch "next-generation" video services on its FiOS TV platform and through a new over-top-video service, using the OnCue interactive TV technology it picked up through the acquisition of Intel's Intel Media division.
Verizon may not be pursuing new FiOS markets, but its ongoing deployment of fiber to multi-dwelling units in New York City is enabling it to more effectively keep cable competitors, particularly Time Warner Cable, at bay.
Verizon's FiOS products are helping it win back commercial customers who had jumped to cable operators or services marketed by competitive local exchange carriers, CEO Lowell McAdam said Tuesday.
Verizon may have made the final curtain call on FiOS expansion in Greenfield markets, but it is the telco's wireline revenue growth engine in areas where it currently provides the fiber-based service, CEO and Chairman Lowell McAdam told investors on Tuesday.