Comcast VOIP Rollout Spurs Verizon FiOS

Verizon is stepping up its deployment of FiOS services around the country to counter its growing loss of phone access lines

Alan Breznick, Cable/Video Practice Leader, Light Reading

August 1, 2006

1 Min Read
Comcast VOIP Rollout Spurs Verizon FiOS

Clearly feeling the heat from Comcast's accelerating rollout of VOIP and discounted "triple-play" bundles, Verizon Communications is stepping up its own deployment of FiOS broadband data and video services around the country to counter its growing loss of phone access lines.

In their second quarter earnings call with analysts this morning, Verizon executives indicated that they are rolling out FiOS faster than expected this year, at least partly because of heightened competition from Comcast and other cable operators plunging into IP telephony. With 4.5 million homes passed by their new fiber-to-the-premises (FTTP) plant by mid-July, up 1.5 million households from the close of 2005, Verizon officials are now shooting to exceed their target of 6 million homes passed by the end of the year.

Verizon executives are also looking to drive up their FiOS Internet and TV take rates faster and further than before. Disclosing its FiOS data subscriber numbers for the first time, the company said 375,000 phone customers have signed up for the high-speed Internet service so far, which amounts to 12 percent of the 3.1 million customers who could get it during the second quarter. The telco netted 111,000 FiOS data subscribers in the spring quarter.

"Could we go higher?" says Verizon Chairman & CEO Ivan Seidenberg. "The answer to that is: I expect it to and that we drive our people to make it go higher."

Get the rest of the story on Cable Digital News.

— Alan Breznick, Site Editor, Cable Digital News

About the Author(s)

Alan Breznick

Cable/Video Practice Leader, Light Reading

Alan Breznick is a business editor and research analyst who has tracked the cable, broadband and video markets like an over-bred bloodhound for more than 20 years.

As a senior analyst at Light Reading's research arm, Heavy Reading, for six years, Alan authored numerous reports, columns, white papers and case studies, moderated dozens of webinars, and organized and hosted more than 15 -- count 'em --regional conferences on cable, broadband and IPTV technology topics. And all this while maintaining a summer job as an ostrich wrangler.

Before that, he was the founding editor of Light Reading Cable, transforming a monthly newsletter into a daily website. Prior to joining Light Reading, Alan was a broadband analyst for Kinetic Strategies and a contributing analyst for One Touch Intelligence.

He is based in the Toronto area, though is New York born and bred. Just ask, and he will take you on a power-walking tour of Manhattan, pointing out the tourist hotspots and the places that make up his personal timeline: The bench where he smoked his first pipe; the alley where he won his first fist fight. That kind of thing.

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