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Verizon Adds over 200,000 Internet Subscribers and 194,000 Video Subscribers
Wed Jan 25, 2012 at 10:00 AM ETTags: Verizon, FiOS, Industry Trends (all tags)
Verizon is up at a time where most other companies are way down.
It's not a good time for the cable industries. Families are examining their budgets and cutting costs where they can. One of the biggest places to cut costs is in cable service, which has providers losing hundreds of thousands of subscribers a year.
Verizon is an exception to the rule, gaining 194,000 FiOS video subscribers in the fourth quarter of 2011. The number goes up above 200,000 when factoring in the 6,100 subscribers that choose to go with an internet-only option.
In all, Verizon's FiOS network grew by more than 900,000 subscribers in 2011. The count now totals 16.5 million homes.
Source: Home Media Magazine
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