Verizon Downplays DSL in FiOS Markets
In the first quarter, Verizon lost 89,000 DSL customers while customers severed 440,000 voice connections and the company added 180,000 FiOS TV and 193,000 FiOS Internet customers. It ended the quarter with more than 5 million FiOS customers, with more than half of those customers subscribing to a service tier of 20Mbit/s or higher. The average revenue per user for FiOS is $148 per month.
Verizon will continue to sell DSL in areas where FiOS isn't available. But the telco has diversified lately so that it can provide bandwidth to consumers in some other way that doesn't require use of its old copper phone lines.
For example, Verizon's new HomeFusion product is a fixed-broadband Long Term Evolution (LTE) service that's already up in some markets, offering downstream speeds of 5Mbit/s to 12Mbit/s and 2Mbit/s to 5Mbit/s upstream, albeit with strict consumption caps. HomeFusion is considered a broadband play in rural areas outside the reach of Verizon's copper plant, but that could change. Shammo said Verizon expects to have HomeFusion available to 10 million homes by next month.
— Jeff Baumgartner, Site Editor, Light Reading Cable