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story category Verizon: 1.3 Million FiOS Customers
Added 229,000 last quarter...
(old news - 09:46AM Monday Oct 29 2007)
tags: Fiber · business · bandwidth · telco · stats
Verizon issued their third quarter results, which note the provider added 229,000 FiOS customers last quarter, 202,000 of which signed up for the company's TV service. Verizon now serves 1.3 million FiOS customers and 717,000 FiOSTV customers. As with AT&T, Verizon's primary moneymaker on the quarter was wireless, with the company adding 1.6 million customers for a grand total of 63.7 million. Verizon serves 8 million combined DSL and FiOS customers. The company posted revenue of $23.8 billion, operating income of $4.2 billion and a net income of $1.3 billion.

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Forums » Verizon: 1.3 Million FiOS Customers
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Rick
Premium,MVM
join:2001-02-06
Waterbury, CT
clubs:

Awesome job Verizon

You're reaping the rewards of what you sewed and invested in.
You stepped up to the plate..went for the home run with a full scale FTTH rollout..and you put the ball right over the outfield wall.

AT&T..ARE YOU LISTENING? Are you READING their results?

They are now running TEN times what you are with uverse signups.

You have NOT saved any money with your low budget rollout.
You are denying your shareholders AND customers..and yourselves..all the benefits that a full scale FTTH rollout will bring.

1.3 MILLION customers to your what..100,000?

And,it's just the beginning. Now that their REAL potential is beginning to take hold..namely 20/20Mb connections..they're only beginning to flex their muscles.

THAT..is REAL competition for the cable industry.

It is TIME you joined in.

Or you will FAIL..as a company.
--
The Coyote captured the RR! Roadrunner Rick is now Comcastic!
NewMariner

join:2005-06-24

edit:
October 29th, @10:15AM

Re: Awesome job Verizon

Which company is failing?

»www.msnbc.msn.com/id/21526972/
»www.msnbc.msn.com/id/21433452/

sheik28
Premium
join:2000-10-15
New York, NY

Re: Awesome job Verizon

Short term yes, it hurts. Shareholders were complaining of this a while ago. Long term, it will be extremely beneficial to all involved.
cornelius785

join:2006-10-26
Worcester, MA

Re: Awesome job Verizon

in my opinion, i'd rather bite the bullet now and get it done (when i comes to money) than wait and possibly pay more for the same thing. i have a feeling att will be hurting more latter as they deploy FTTH, depending how the price of equipment and labor is when inflation is factored in.

so att is slowly doing fttn... i'm wondering if they can upgrade the nodes easily to do ftth, or maybe i should say when. i'm curious to know if this is their intent and if it could be cheaper in the long term using this method.

Rick
Premium,MVM
join:2001-02-06
Waterbury, CT
clubs:

Considering Verizons FTTH growth #'s..and uverses pathetic performance...i'd say HANDS DOWN..it's AT&T that is failing.

It is next generation services we're talking about here..not some ONE TIME charges that hit their performance in a non related category.

FTTH appears to be almost SINGLE HANDEDLY replacing their loss of landlines. LOL! Try saying that about uverse.

AT&T is on a highway to HE** with uverse.

Time is running out.
--
The Coyote captured the RR! Roadrunner Rick is now Comcastic!

justaguy

@lmco.com

Re: Awesome job Verizon

I don't normally agree with you Rick, but I too am amazed at ATTs slow progress.

I paid for cable to be run to my house, and I would pay for Verizon to run fiber to my house.

I think AT&T is missing something huge here. When given the option of FTTH, people jump on it. It isn't a question of 'Hmm, should I replace my current services with FIOS', it is more:

"When the hell can you get it to my house?".

I may be an exception, I tasted the forbidden fruit before I moved from Philadelphia to nowheresville, and I was hooked.

Rick
Premium,MVM
join:2001-02-06
Waterbury, CT
clubs:

Re: Awesome job Verizon

AT&T is not only missing something huge..they've also boarded something huge. Namely the Titanic 2...and it's now headed across the Atlantic on it's maiden voyage.

That..is what Uverse is. And I can't be any more blunt about it.

And, for the better part of what has now been a year and a half..I've been standing on the dock saying..you don't want to get on that ship!

But, not only did they get on that ship..their new CEO even decided to take a helicopter out to board it himself months after it left shore.

It is NOT a question of IF it will hit that iceberg..it's a matter of when.

And everyday that passes by..with every bit of news that continues to roll out..the reports are just coming in that there are more and more and more icebergs ahead.
And all they are saying is..go faster..it's full steam ahead.

Meanwhile..what is it we're seeing here at BBR?
We're seeing their growth numbers now pale in comparison to Verizons. We're seeing even the die hard uverse fans rumblings of unhappiness in the uverse forum.
We're seeing the result of their failed legal, licensing..and political strategy.

And, we're seeing Verizon run down field with the ball....and they're going to score a touchdown.

Why? You simply could not have summed it all up any better.
FTTH..is something new..exciting..anticipated..and something that can deliver.

Something that people WANT. Expect..and are demanding more and more.

It really is the cable co. alternative.

I've written before about a fundamental problem that AT&T..and really anyone has..who seeks to move into someone elses VERY established territories.
You'd better have something that is REALLY much better than what is out there now..if you hope to make it.

And, this goes the same for the cable industry..trying to take phone customers away from Ma Bell.
Ma bell IS the phone company. And has been for decades.
You don't unseat that overnight.

But..the cable co's are doing it. At least making some big inroads. And the reason is..triple play.

I don't post anti AT&T comments because I don't like AT&T.
I have..and had.nothing against them.
What I did see however is what you're now seeing..and feeling. And I saw it a year and a half ago.
And that told me..this just was going to be some real rough waters for them.

And why in the world they chose to go this route..instead of getting on the same boat Verizon was boarding..was way beyond me.

AT&T was making one of the worlds biggest blunders..and one that people should know exists in the world of technology.
They were building..and rolling out..a 386sx computer..when the world of quad core computing was on the horizon.

If someone looks at and considers verizons numbers..they will see that fios is virtually replacing their lost landline business. And, their growth is leaps and bounds ahead of uverses.
This is what people want. This is the future.

This is real competition for the cable industry.

And, that is what I'm all about. NOT..being a cable fanboy..but about competition. For all of us.

World class competition for the years ahead.

And, if AT&T doesn't join that race..and soon...because remember..this will take them YEARS to build and roll out..it's going to be lights out for this company.

The titanic..will sink.
--
The Coyote captured the RR! Roadrunner Rick is now Comcastic!

en102
Canadian, eh?

join:2001-01-26
Valencia, CA
·RoadRunner Cable
·DSL EXTREME
·DSL EXTREME

Re: Awesome job Verizon

I personally think that AT&T/IPTV CAN do well...its a matter of them actually attempting to make sure it works well.

Unlike FiOS or Cable, pushing TV service over IP onto Windows CE STB through POTS over the last mile.
There's a lot of problems.. even if they used FTTH.

If we assume ~75Mbps for VDSL2+ deployments, then we could see decent performance options (+4 HD channels, +30Mbps of Internet).. assuming they get their operations in order.
--
Canada = Hollywood North
Sammer

join:2005-12-22
Pittsburgh, PA

said by NewMariner See Profile :

Which company is failing?

»www.msnbc.msn.com/id/21526972/
»www.msnbc.msn.com/id/21433452/
Neither, AT&T's increased earnings were mainly the result of the BellSouth acquisition. Verizon's decreased earnings were mainly the result of charges taken against current earnings. Verizon does appear to have a longer term business strategy.

en102
Canadian, eh?

join:2001-01-26
Valencia, CA
·RoadRunner Cable
·DSL EXTREME
·DSL EXTREME

Re: Awesome job Verizon

said by Sammer See Profile :

Verizon does appear to have a longer term business strategy.
Many of us have thought that all along.
AT&T _could_ have a long term plan for FTTH... they just haven't taken that approach...yet.
Time will tell if AT&T's gamble on VSDL2+ for the last mile will pay. Currently its surviving, but it will require many upgrades at various levels to keep up.
AT&T's national outages (can't manage patching Windows I guess ) as well as many other issues is why I'd prefer it for Internet only .
Who knows... maybe AT&T's plan is for 100Mbps VDSL2+ to the home and TV over Dish, as they've been planing to purchase them.
--
Canada = Hollywood North
JPL
Premium
join:2007-04-04
West Chester, PA


edit:
October 29th, @02:52PM

Did you actually read those articles? Verizon's revenue is down compared to last year partially because they didn't adjust for spin-offs that have happened in the last year. Those spin-offs are fairly profitable, and are a revenue source that the company had last year but not this year. Add to that the up-front cost of fios.

On the flip-side, AT&T didn't include the cost of the acquisitions that they made. When you adjust for those costs, the profit that AT&T made goes down.

The proof is really in the subscriber base. FiOS is growing at a faster clip than I expected it to at this point. While still not turning a profit, they saw a 40% increase in TV subscribership over last quarter.
bogey780

join:2004-03-19
Covington, LA

Tv service....

AT&T=130k
Verizon=717k

What with Verizon having a pretty big head start it's not altogether different as FiOS was around the same mark with their TV gains if you factor in time since launch.

BTW.. how's shorting AT&T stock working for you?
Cjaiceman

join:2004-10-12
Aurora, CO
You said it perfectly.

Verizon, can you hear me now? Buy Qwest so I can get FIOS!! PLEASE!!

To Qwest, you suck at life, so die and let Verizon buy you out. You did the same thing to USWest.
bogey780

join:2004-03-19
Covington, LA

Re: Awesome job Verizon

It's amusing to see people think Verizon would buy places just to install FiOS. You wouldn't see FiOS for a decade..if even.

jkj860
The Final Frontier

join:2002-01-10
Valparaiso, IN
·Comcast Digital Vo..
·Comcast

Keep it up Verizon, only 229,000,000 customers to go before you take over the US. Looking forward to that 20/20 plan in my neighborhood
--
I know you think you understand what you thought I said, but I am not sure you realize what you heard is not what I meant. Nixon
mdrift

join:2003-08-15
Spokane, WA

Wow. The Federal Government gave over $200 Billion for the Bells to bring Fiber to the Home. Did we get it? Nope. They pocketed it and now I'm supposed to congratulate the thieves on bringing a long overdue service to a select portion of the market?

BFD.
JSRoman
Premium
join:2005-03-10
Callahan, FL

8% loss in wireline- 34% earning decline

If math is correct, that is a loss of 3.3 million lines in the qtr. Take rgu growth 229k+202k+1600K-3300k= down 1,268,569 rgu + cost of fios = you make the call
--
»www.seabee.navy.mil

TK Junk Mail
Go ahead, make my day
Premium
join:2002-03-03
Margate City, NJ
clubs:
·Comcast


edit:
October 29th, @10:06AM

Verizon wireless not affected by iPhone growth

1.8 million net retail customer additions
1.21 percent retail and 0.96 percent retail post-paid churn -- industry lows.
It looks like the Apple iPhone/AT&T juggernaut didn't hurt Verizon. I wonder who AT&T's big increase was at the expense of?
JSRoman
Premium
join:2005-03-10
Callahan, FL

Re: Verizon wireless not affected by iPhone growth

said by TK Junk Mail See Profile :

1.8 million net retail customer additions
1.21 percent retail and 0.96 percent retail post-paid churn -- industry lows.
It looks like the Apple iPhone/AT&T juggernaut didn't hurt Verizon. I wonder who AT&T's big increase was at the expense of?
Sprint
--
»www.seabee.navy.mil

ztmike
1kwikgt
Premium
join:2001-08-02
·Comcast
·AT&T Midwest


edit:
October 29th, @10:15AM

More comepition PLZ!

Verizon simply can't roll out FiOS fast enough..I just wish Comcast had more competition where i live, besides At+t and a local wireless company »www.csinet.net that charge you outrageous startup fees.

Verizon is in the next town over..probably 10 miles away..If they were to get FiOS i would move there.
--
"I am the worst president in US history, I'm either stupid or dumb most of the time, but people still believe me." George W. Bush
NbWY1

join:2003-05-23
Columbia, MD

FiOS

I moved out of my parents house just to get FiOS (seriously). YES!! GIVE ME MORE OF THAT, Verizon

rockhounds_5
Premium
join:2004-07-29
Lewisville, TX
·Verizon FIOS


edit:
October 29th, @11:28AM

Not fast enough

Neither at&t nor verizon can roll out their services fast enough to seriously compete with the local cable companies for phone ant tv services at this time. These cable companies have been in place for years are have been patiently waiting for both at&t and verizon to come to bat with their tv offerings. Neither company has been in the tv business any longer than 3 years. TV is new to the telcos. When they finally get all the bugs worked out and start to deploy in earnest, then cable might see some competition. We are several years away from that moment (imho).

1.3 million fios customers might be something to celebrate, but what are the total number of subscribers that don't have fios or uverse and want it? Everybody has a telephone (well, almost). Does everybody have cable to the prem? Do the math.

Both at&t and verizon are committing huge investements in their new systems. I wouldn't think either would expect immediate turnaround on profit. Has verizon made a profit yet on fios? We know at&t uverse hasn't and is riding on the coattails of their Cingular (now at&t Mobility) momentum.

a333
A hot cup of integrals please

join:2007-06-12
Corona, NY
·Verizon Online DSL

Re: Not fast enough

Hehe, do the math-

On DOSCIS 3.0-
480 Mbits/sec= 4.8 Mbits/sec/sub, (based on 100 subs per node)

On FiOS GPON-

2400 Mbits for 32 users= over 70 Mbits/sec/user.

Plus, with EPON and WDM-PON on the way, cable just HAS to upgrade to FTTH.
Its simple physics, light over glass HAS to beat RF. It's called the Shannon limits.
Neoistheone

join:2007-01-13
Tornado, WV

Whats that there FiOS thingey they talkin bout???

I was trying to sound like a Red Neck, But seriously why wont they bring FiOS to West Virginia? (completely circles this state!!!!)
--
When you ASSUME, you make an ASS out of U and ME.
bogey780

join:2004-03-19
Covington, LA

Re: Whats that there FiOS thingey they talkin bout???

Because it's West Virginia.

You'll never see FiOS in quite a few places.
jjeffeory

join:2002-12-04
USA

Re: Whats that there FiOS thingey they talkin bout???

Dude, I lived in Covington, LA, Mandeville, LA, and Hammond, LA... It's not much better than W. VA!!!

Sorry, but it's true!
bogey780

join:2004-03-19
Covington, LA

Re: Whats that there FiOS thingey they talkin bout???

When? 20 years ago? Mandeville and Covington aren't rural podunk towns anymore.
dsless

join:2001-05-16
Pittsburgh, PA
It ain't coming to WV, especially in Tornado. I used to live in POCA and all I could get is ISDN till Adelphia rewired the place.
Neoistheone

join:2007-01-13
Tornado, WV
oh well I have gave up on this state anyways (gonna try to move to Pittsburgh, Pennsylvania)
--
When you ASSUME, you make an ASS out of U and ME.
dmorganapril

join:2007-10-21
Allentown, PA

Bring FiOs over here

Verizon needs to come to the dutch state and put our current provider in the area, on their arses. PLEASE VERIZON! BRING FIOS TO US! I'LL DO ANYTHING FOR IT! :-D
Neoistheone

join:2007-01-13
Tornado, WV

Re: Bring FiOs over here

"Verizon CEO: OK bend over and take a deep breath"

J/K
--
When you ASSUME, you make an ASS out of U and ME.
neftv

join:2000-10-01
Broomall, PA
·Broadvox Direct

Never thought I would say it.

I always thought of Verizon as the big evil empire (monopoly). I thought I would never do business with Verizon because of my poor dealings with them at work with the old centrex lines ( few years back) and practices of when you want to use a calling card or one of those cheaper 5 digit long distance prefixes to make call Verizon would add a access fee. So I said that was it with Verizon. Then came Fios to my home in Broomall PA and I said WOW fiber to the home WOW. That was a breath of fresh air but then I thought it's still Verizon the company I called "big evil empire (monopoly)" then I heard of so many positive experiences with Fios and tech support I went for it. I dropped Cable internet for Verizon DSL and when Fios came it was an easy transition. I kind of wish that the rest of the company had it together though but for Fios internet they seem to have it together as it should be. Finally we might catch up to Japan and other countries but it may not be to the same price point because its still Verizon "'big evil empire (monopoly)". I really wished that Covad would have beat them to this in same way.

Rob A
Jets 19 - Steelers 16
Premium
join:2005-01-17
Pompton Plains, NJ

Great!

Now lets add one more, bring me fios!

thongsai

join:2002-07-04
Santa Rosa, CA

add more

they can add more if they come over here.. but i am in att territory..
--
----------------------------------
»www.TongSat.com

Phylop
Premium
join:2002-11-17
Reston, VA
·Comcast

Deploy!

Deploy to my town house and you'll have 1,300,001 subscribers! Verizon, you already have FiOS available here in Reston, Va. Yes I know, you showed us your love first, but you've been leaving all the people who live in apartments and town houses out in the cold! Come on, show Comcast some REAL competition!

User21937

@optonline.net

Fios? What Fios???

Competition? What competition???, they're in like 0.01% of households across the country. Give me a break
Forums » Verizon: 1.3 Million FiOS Customers


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