Verizon Adds 34,000 Fios Internet Net Subs in Q2 2019

 

 

  • Verizon Communications

NEW YORK Verizon Communications added 34,000 Fios internet net subs in Q2 2019. Fios total revenue grew 1.9 percent year over year, for total wireline revenue of $7.1 billion. 

Total Verizon Consumer revenues were $22.0 billion, flat year over year, reflecting continued strong growth in wireless service revenue and Fios service offerings, offset by declines in wireless equipment and legacy wireline services.

In second-quarter 2019, Verizon Consumer Group reported 28,000 Fios Internet net additions and 52,000 Fios Video net losses, reflecting the ongoing shift from traditional linear video to over-the-top offerings. Fios revenues increased by 1.2 percent, primarily due to the demand for broadband offerings.

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