Verizon Blames Fios TV Losses on OTT Pressure, Competitive Promos | Multichannel
It was a mixed bag for Verizon Fios in Q3, as its pay TV business remained under siege even as the telco continued to tack on Fios internet customers.Verizon lost 18,000 Fios TV subs in Q3, versus 36,000 additions in the year-ago quarter. Verizon, which has lost 46,000 Fios TV subs through the first three quarters of 2017, ended the period with 4.64 million subs in the category.
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