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Verizon FIOS video subscribers down 53,000 in 1Q 2019

2019-04-23 14:00:57| Digital TV News

Verizon Communications (NYSE, Nasdaq: VZ) has reported first-quarter 2019 results. In first-quarter 2019, Verizon lost a net 53,000 Fios Video connections, continuing to reflect the shift from traditional linear video to OTT offerings.

Tags: video subscribers verizon fios

 

Verizon raises FY outlook for adjusted EPS growth as cost savings boost bottom line

2019-04-23 14:00:00| Telecompaper Headlines

(Telecompaper) Verizon saw its wireless service revenue growth strengthen to 4.4 percent in the first quarter, helped by customers migrating to higher price plans, strong customer growth in Q4 and more lines per account. Customer growth was seasonally weak, with 61,000 retail net postpaid additions and 44,000 phone net losses. The US operator's bottom line still improved, helped by its ongoing voluntary redundancy programme and other cost-cutting efforts, with EPS up to USD 1.22 from USD 1.11 a year earlier. The company now expects growth in underlying EPS over the full year.

Tags: line cost bottom growth

 
 

Verizon launches first 5G mobile service in Chicago, Minneapolis

2019-04-04 09:20:00| Telecompaper Headlines

(Telecompaper) Verizon has confirmed the start of its 5G mobile service, in parts of Minneapolis and Chicago. The launch came a week ahead of schedule. Customers can access the service with the new 5G mod for the Moto Z3 smartphone and receive speeds of up to 1 Gbps. 

Tags: service mobile chicago minneapolis

 

Verizon starts pre-sales of 5G moto mod, plans USD 10 charge for unlimited 5G data

2019-03-13 11:28:00| Telecompaper Headlines

(Telecompaper) Verizon announced that it will start pre-sales of the 5G Moto Mod from 14 March. First announced last year, the mod clips on to the Moto Z3 smartphone to make it work over 5G networks. The launch comes as Verizon prepares to start 5G mobile services in the first half of 2019, with Chicago and Minneapolis announced as the first cities for the service. 

Tags: data plans charge usd

 

Verizon to launch 5G in 2 US cities next month

2019-03-13 01:00:00| Total Telecom industry news

  US telco, Verizon, has announced that it will launch 5G mobile network services next month in the northern cities of Chicago and Minneapolis. Existing Verizon customers in the two US cities will be able to upgrade to 5G services by paying a $10 per month premium on top of their current subscription plans…read more on TotalTele.com »

Tags: us next month cities

 

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