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[cablewithaview]

Telco Plans 'Price-Ups' for FiOS Packages Over Next Two Quarters

By Todd Spangler -- Multichannel News, 4/19/2012 5:25:46 PM

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Verizon Communications, aiming to improve the profitability of its wireline unit, will no longer sell DSL over copper in areas where FiOS is available and is planning to implement additional price hikes for its FiOS bundles over the next two quarters, according to CFO Fran Shammo.
Verizon added 180,000 TV and 193,000 FiOS Internet subscribers in the first quarter of 2012, but lost 89,000 DSL subscribers in the period on a sequential basis and shed 440,000 total voice connections in Q1 to drop to 23.7 million.
Shammo referred to Verizon's initiative to migrate copper plant in FiOS markets to fiber as providing long-term benefits in terms of operating costs.


http://www.multichan...Price_Hikes.php