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Verizon turns heat on TWC, Cablevision with 100 Mbps symmetrical FiOS service in NYC metro area
2015-07-21 16:29:07| IT Services - Topix.net
Verizon has introduced a new 100 Mbps symmetrical speed tier for its FiOS Quantum service in New York Metro area, a move to lure broadband consumers away from Time Warner Cable and Cablevision where it has built out its fiber-to-the-home platform. Eligible FiOS customers in New York City, Long Island, the northern suburbs and northern New Jersey will be able to get the 100 Mbps symmetrical Internet offering on a standalone basis or as part of a dual-play or triple-play bundle.
Verizon reports Q2 growth, driven by mobile, Fios
2015-07-21 15:23:00| Telecompaper Headlines
(Telecompaper) Verizon Communications reported USD 32.22 billion in operating revenue in the second quarter, up 2.4 percent on the second quarter of 2014. The operator said top-line revenue growth was driven by wireless and FiOS, with emerging revenue streams from the IoT and telematics, and continued strong cash flow. Operating profit grew 1.8 percent to USD 7.82 billion and net profit by 0.7 percent to USD 4.35 billion, for a 2 percent increase in basic earnings per common share to USD 1.04. Verizon expects a higher year-over-year revenue growth rate in the third quarter and at least 3 percent growth in the full year, both excluding revenue from AOL, which it acquired in the second quarter. Verizon Wireless had 109.5 million retail connections at the end of June, 4.7 percent more than a year earlier. Postpaid retail customers increased by 1.1 million in the second quarter and by 5.2 percent in a year to 103.7 million at the end of June. Verizon added 72,000 net new FiOS internet connections and 26,000 new FiOS video connections in the quarter to reach 6.8 million and 5.8 million, respectively.
Tags: mobile
reports
growth
driven
Verizon adds 26,000 FiOS Video connections in 2Q 2015
2015-07-21 15:00:46| Digital TV News
Verizon Communications (NYSE, Nasdaq: VZ) has reported second-quarter 2015 results. In the quarter, Verizon added 26,000 net new FiOS Video connections to finish with 5.8 million connections, representing a year-on-year increase of 6.4 percent.
Tags: video
connections
adds
verizon
Verizon union negotiations begin amidst charges of failing on copper, FiOS commitments
2015-06-22 18:37:33| IT Services - Topix.net
Verizon has begun negotiations on a new contract for union workers represented by the Communications Workers of America and the International Brotherhood of Electrical Workers amidst claims the telco is not meeting its FiOS and copper network repair obligations. The current contract, which expires on Aug. 1, covers 29,000 CWA and 14,000 IBEW members in the telco's Eastern region.
Tags: begin
union
charges
copper
Verizon union negotiations begin amidst charges of failing on copper, FiOS commitments
2015-06-22 18:34:43| Telecom - Topix.net
Verizon has begun negotiations on a new contract for union workers represented by the Communications Workers of America and the International Brotherhood of Electrical Workers amidst claims the telco is not meeting its FiOS and copper network repair obligations. The current contract, which expires on Aug. 1, covers 29,000 CWA and 14,000 IBEW members in the telco's Eastern region.
Tags: begin
union
charges
copper
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