10.27.2008 09:40 AM
FiOS Customer Growth Accelerates

Verizon is accelerating the rollout of its FiOS TV service.

In the third quarter of 2008, the company added 233,000 net new FiOS TV customers, compared with 176,000 in the second quarter of 2008.

It now boasts 1.6 million FiOS YV customers, more than double the 700,000 at the end of the third quarter of 2007. FiOS TV penetration is now at 19.7 percent of Verizon’s footprint, (up from 15.2 percent a year ago.) The service is now available to 8.2 million households.

Verizon also added 225,000 net new FiOS Internet customers, compared with 187,000 in the second quarter of 2008. It now has 2.2 million FiOS Internet customers, compared with 1.3 million FiOS Internet customers at the end of Q3 2007. Internet penetration increased to 24.2 percent (up from 20 percent a year ago.

Broadband and video revenues from non-business customers was $1.1 billion for the quarter, a 45.3 percent from a year ago.

Verizon said earlier this year it planned to spend $23 billion between 2004 and 2010 to pass 18 million homes.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Thursday 11:07 AM
The Best Deconstruction of a 4K Shoot You'll Ever Read
With higher resolutions and larger HD screens, wide shots using very wide lenses can be a problem because they allow viewers to see that infinity doesn’t quite resolve into perfect sharpness.

Featured Articles
Discover TV Technology