Verizon is revising its FiOS buildout plan in Washington, D.C., from nine years to 10 years, which it says is within its rights under a franchise agreement it filed with the D.C. Office of Cable Television (OCT), reports FierceCable.
The growth of competitive wireline television services in two U.S. markets has taken an interesting turn: In Washington, D.C., Verizon said it would change a nine-year FiOS rollout plan to 10 years. And in San Francisco, citizens are getting some legislative support in a battle against AT&T's placement of cabinets necessary to deliver U-verse service.
Level 3 Communications, a major wholesale provider to content companies like Netflix, has accused five unnamed U.S. ISPs and one European ISP of abusing their market power to effectively put a limit on the amount of traffic the transit provider can route over these ISPs' last mile networks.
Verizon plans to complement its growing set of higher Quantum FiOS Internet speeds with a new Wi-Fi router that will support the multiple wireless devices consumers are using in their homes to access the Internet and other content.
Verizon Wireless will continue to respond to pricing changes in the market but is not going to go overboard in terms of a response, according to Verizon Communications CFO Fran Shammo.
For the first time ever, Verizon Wireless in the first quarter recorded a net loss of handset subscribers. During a quarter when AT&T Mobility netted 176,000 new phone subscribers and T-Mobile US posted a whopping 1.256 million new phone subscribers, the analysts at New Street Research pointed out that Verizon lost 156,000 phone subscribers. Although Verizon managed to juice its first quarter net additions into positive territory with tablets and other devices, the carrier nonetheless suffered a serious setback. What's perhaps more concerning is that Verizon executives don't appear to be worried.
Leverett, Mass., a rural town located in the western part of the state, is taking broadband matters into its own hands with a plan to bring fiber-based services to residents.
Verizon may be focused on enhancing its FiOS subscriber counts in the markets where it already built out fiber to the home (FTTH) infrastructure, but as seen in its first-quarter earnings results, it looks as though those markets are becoming saturated. Yet it's doubtful the company will expand into new markets for FiOS.
FCC Chairman Tom Wheeler took to the FCC website's blog Tuesday in a continued attempt to counter criticism of the commission's soon-to-be-released net neutrality revisions. Calling some industry analysts' and experts' commentary on the proposed changes "misinformed," Wheeler said the proposal was not a final decision, but instead a "formal request for input" on Open Internet rules.
The cable industry is facing an onslaught of new competition from over-the-top players like Amazon's Fire TV, Netflix and more. But the biggest threat is likely coming from Dish Network, which earlier this year inked a carriage deal with Walt Disney, said a group of financial analysts speaking at The Cable Show here.