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Verizon Loses 61,000 Pay TV Subscribers, Posts Strong Broadband Gains

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hollywoodreporter.com
hollywoodreporter.comhollywoodreporter.com:

Telecom giant Verizon on Wednesday reported that it lost 61,000 net pay TV subscribers for its FiOS consumer video service in the third quarter, compared with a loss of 67,000 in the year-ago period and a loss of 81,000 in the second quarter.

As it has done in the past, the company cited "the ongoing shift from traditional linear video to over-the-top offerings." It ended September with more than 3.9 million total video subscribers.

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manchestereveningnews.co.uk
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