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Verizon Fios TV Subscribers Drop to 10-Year Low, as Broadband and Media Segments Post Q1 Gains

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variety.com
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Todd Spangler NY Digital EditorVerizon’s pay-TV business continues to fade into the sunset: The telecom giant shed 82,000 Fios TV subscribers in the first three months of 2021, falling to a 10-year low of 3.77 million.Verizon’s Fios Internet segment added a net 98,000 subs, to stand at 6.3 million at the end of the period.

Factoring in business customers, the company gained 102,000 total Fios Internet accounts — the most first quarter total Fios Internet net additions since 2015.Another bright spot: Revenue at Verizon Media, which includes the former AOL and Verizon businesses, climbed 10.4% in Q1, to $1.9 billion.

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