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Verizon Nets Another 299,000 FiOS TV Customers
Even if the economy is fizzling, FiOS is sizzling.
Verizon Communications turned in a near-record quarter for its FiOS TV service, with the telco adding 299,000 subscribers in the first three months of 2009, and racked up 298,000 FiOS Internet users.
The company now has 2.217 million FiOS TV subscribers, up 84% from the year-ago period, and 2.779 million for FiOS Internet, up 55.5%.
"In spite of the macroeconomic environment... I'd say the consumer market is holding up very well overall," Verizon chief financial officer John Killian said on a call with investors Monday.
Verizon's growth in video subs tracks with AT&T's momentum in the sector. AT&T last week reported 284,000 net adds for U-verse TV, to stand at 1.329 million as of the end of March.
Verizon Nets Another 299,000 FiOS TV Customers
Even if the economy is fizzling, FiOS is sizzling.
Verizon Communications turned in a near-record quarter for its FiOS TV service, with the telco adding 299,000 subscribers in the first three months of 2009, and racked up 298,000 FiOS Internet users.
The company now has 2.217 million FiOS TV subscribers, up 84% from the year-ago period, and 2.779 million for FiOS Internet, up 55.5%.
"In spite of the macroeconomic environment... I'd say the consumer market is holding up very well overall," Verizon chief financial officer John Killian said on a call with investors Monday.
Verizon's growth in video subs tracks with AT&T's momentum in the sector. AT&T last week reported 284,000 net adds for U-verse TV, to stand at 1.329 million as of the end of March.