January 24, 2023
Verizon Jan. 24 disclosed it lost 80,000 Fios TV subscribers in the fourth quarter (ended Dec. 31, 2022) to end the fiscal year with a decline of 339,000 pay-TV subs. The telecom, which lost 281,000 pay-TV subs in 2021, ended 2022 with 3.23 million Fios TV subs.
At the same time, Verizon added 56,000 high-speed internet subscribers to end the year with more than 6.7 million broadband subs, up 3% from 6.54 million subs at the end of 2021.
The telecom, which offers mobile subs free access to third-party subscription streaming services AMC+ and Disney+ (including Disney bundle with ESPN+ and Hulu), recently launched +Play, a new platform enabling subscribers easier access to third-party SVOD services, including Netflix.
“Wireless mobility and nationwide broadband will be two of the most significant contributors to our growth for the next several years,” Verizon CEO Hans Vestberg said in a statement.
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