-By Georg Szalai
Verizon continued to grow its FiOS TV subscriber base, but did so
at a slower pace than in the first two quarters of the year and in
the year-ago period.
The telecom giant said it added 191,000 new net customers to FiOS
TV, which competes with cable and satellite TV providers. That
brought its total user base to 2.7 million as of Sept. 30.
The additions were down from 233,000 in the year-ago period and
also marked a weakening from record levels earlier in the year. In
the first and second quarters, it had added 299,000 and a record
303,000 FiOS TV subscribers, respectively.
Last week, AT&T had also reported a sequential slowdown, but
year-over-year growth in customer gains for its U-verse video
service.
Verizon on Monday also reported 198,000 net new FiOS Internet
customer additions, bringing its total to 3.3 million.
Verizon posted a third-quarter profit decline of more than 30
percent to $1.18 billion amid strong wireless growth for AT&T
and Apple's iPhone.
Nielsen Business
Media
FiOS TV Subscriber Base Increases
Oct 26, 2009
-By Georg Szalai
Verizon continued to grow its FiOS TV subscriber base, but did so at a slower pace than in the first two quarters of the year and in the year-ago period.
The telecom giant said it added 191,000 new net customers to FiOS TV, which competes with cable and satellite TV providers. That brought its total user base to 2.7 million as of Sept. 30.
The additions were down from 233,000 in the year-ago period and also marked a weakening from record levels earlier in the year. In the first and second quarters, it had added 299,000 and a record 303,000 FiOS TV subscribers, respectively.
Last week, AT&T had also reported a sequential slowdown, but year-over-year growth in customer gains for its U-verse video service.
Verizon on Monday also reported 198,000 net new FiOS Internet customer additions, bringing its total to 3.3 million.
Verizon posted a third-quarter profit decline of more than 30 percent to $1.18 billion amid strong wireless growth for AT&T and Apple's iPhone.
Nielsen Business Media