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Verizon FiOS Sub Growth Slows Again in Q3 - Broadcasting & Cable

Verizon FiOS Sub Growth Slows Again in Q3

Adds 114,000 FiOS video subs, 162,000 FiOS Internet customers
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Verizon Communications continued to add FiOS customers to the pot in the third quarter, but the rate of growth also continued to show signs of slowing on a year-over-year basis.  

Verizon added 114,000 FiOS video customers, down 15% from the 135,000 added in the year-ago quarter, and signed on 162,000 FiOS Internet subs, down 6.4% from the year-ago period.   Verizon ended the third quarter with 6.5 million FiOS Internet subs and 5.5 million FiOS video subs, up 8.8% and 7%, respectively, from the year-ago quarter.

Verizon ended the quarter with a FiOS Internet penetration of 40.6%, up from 39.2%, and FiOS video penetration of 35.5%, down from 34.9%. 

To read the full story, visit Multichannel.com.

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