said by ITALIAN926:
Once again with the BS 25% marketshare fairytale. Must I follow you around and correct you constantly?
FiOS penetration (subscribers as a percentage of potential subscribers) continued to increase. FiOS Internet penetration was 37.0 percent at the end of third-quarter 2012, compared with 34.6 percent at the end of third-quarter 2011. In the same periods, FiOS Video penetration was 32.9 percent, compared with 30.6 percent. The FiOS network now passes 17.4 million premises.
So why dont you round it off and start proclaiming 40% , because adding their DSL likely gets them there.
NY is no different, and stop giving the illusion that Verizon competes with Cablevision and Time Warner in the same geographic areas.
Verizon constantly cooks the books.. when I left them as a customer, they refused to give me the refund I was due.. probably to pad their subscriber numbers you are quoting..
I finally had to do a partial charge back on my credit card which they didn't dispute... multiply that times tens of thousands of customers they probably did similar shenanigans with.. it all looks good for investors in the press release.. but it's garbage numbers.. you need actual revenue to match the puffed market share paying the subscription rates.. dig through the propaganda and you'll hit paydirt.
Maybe it isn't 25% anymore (a bit higher, but no larger than 30% taking into account avg of all three services).. my guess is that was the 2010 numbers. It's quite possible this marketshare is coming from Time Waner who wouldn't compete even if it meant bankruptcy of the whole damned company...
Verizon's recent behavior netting bigger gains in market share but larger swings in churn due to price increases.. there's no good way to spin that in the propaganda literature.