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Verizon Reports Record Data Gains

Verizon is the latest Baby Bell to rack up strong high-speed data gains for the third quarter. The Bell reported earlier today that it added a record-breaking 389,000 broadband customers in Q3 between its established DSL service and its still-developing fiber-based FiOS service. DSL lines easily accounted for the lion's share of the company's broadband haul. Verizon's new DSL promotional offer deserves at least some of the credit for these summer gains. In August, the Bell teamed up with Yahoo! Inc. to introduce a new, low-priced DSL service for $14.95 a month, matching a similar promotion by SBC Communications. Verizon also threw in a month's worth of free data service as a signup bonus. For the first time, Verizon disclosed how many satellite TV subscribers it has signed up in partnership with DirecTV so far. The Bell said it closed September with nearly 300,000 DirecTV customers, placing it behind both SBC and BellSouth Corp. in the satellite TV business.
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