Verizon Expands FiOS TV to 8 More North Texas Cities
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IRVING, Texas, Sept. 14  /PRNewswire/ -- Verizon has expanded the availability of its FiOS TV service to eight additional cities in the Dallas- Fort Worth area.
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November 6, 2004 -- Verizon Wireless will buy NextWave Telecom Inc.&#39;s airwaves for $3 billion, increasing capacity in New York and 22 other cities, as part of efforts to reclaim the No.
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By Fred O. Williams  Buffalo residents appear to be next in line for lightning-fast Internet hookups, as Verizon prepares to extend its fiber-optic service into the city for the first time.
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Verizon Wireless said on Tuesday it would not oppose a plan that would give Nextel Communications Inc. (NXTL.O: Quote, Profile, Research) valuable new wireless airwaves, sending Nextel&#39;s shares up more than 3 percent.
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Verizon&#39;s digital subscriber line service is available to 6,600 additional homes and businesses in the Northampton, Nazareth and Bethlehem areas.
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Verizon Communications posted net income of $4.2 billion for the third quarter, up 19 percent from a year ago, driven largely by new wireless and fiber broadband customers, the company said Monday.The company added 1.6 million wireless customers and 229,000 new&#160;Fios fiber-based broadband&#160;customers, Verizon said. The company&#39;s Verizon Wireless subsidiary now has 63.7 million customers, and Verizon now has 1.3 million Fios broadband customers since launching the service in early 2005.Verizon reported total revenue of $23.8 billion, up 5.8 percent from the third quarter of 2006. Verizon&#39;s earnings per share, however, fell from $0.53 a year ago to $0.44 this quarter.Verizon&#39;s quarterly results show the company has &quot;hit its stride&quot; in offering wireless, broadband, and telecommunication services to large businesses, Chairman and CEO Ivan Seidenberg said in a statement.Among the highlights was an all-time high for Verizon wireless on average monthly revenue per customer, Verizon said. The average for retail voice service was $52.17 per customer, up 1.9 percent over a year ago.In addition to the customer gains for Fios broadband service, the company also added 202,000 Fios television customers, bringing the total number of Fios TV customers to 717,000. Verizon added 285,000 new broadband connections, including Fios and DSL (Digital Subscriber Line). Verizon now has 8 million broadband connections, up 21.3 percent over last year.Fios is available to 6.5 million U.S. residences.But total wireline revenue was down 0.8 percent from last year at $12.7 billion this quarter.Independent telecom analyst Jeff Kagan said Verizon&#39;s Fios push is beginning to pay off. Verizon is headed in the right direction, he said.&quot;It has taken a long time and cost a lot of money for Verizon to get to where they are today with their television and Internet,&quot; Kagan said. &quot;However, now that they are beginning to deliver on the Fios promise, the customers seem to be welcoming the offering.&quot;The now ready telecom-based television services are pumping new life into the telecom carriers, after cable TV companies beat them to the punch by offering voice service before telecoms received regulatory approval to offer TV service, Kagan said.&quot;All of a sudden that dynamic is shifting,&quot; he said. &quot;Suddenly telephone companies like Verizon and AT&amp;T are doing very well as cable television companies are struggling with their sagging stock price.&quot;
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Scoring a major victory in offering its television services to a broader segment of the population, Verizon disclosed Friday that it had been the first to gain approval for a statewide video franchise in the state of California.
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Verizon Wireless has agreed to pay US$3 billion to buy the remaining spectrum of a bankrupt wireless firm, allowing Verizon to expand its network capacity in big markets such as New York and Los Angeles.
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Verizon has signed an agreement with Revver that would allow the site's content to be made available through the telecommunications company's broadband service by the end of March, and on FiOS TV by the end of this year.
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LAUREL, Md., Jan. 31  /PRNewswire/ -- An innovative, reliable and competitive alternative to cable TV is now available to consumers in more than 30 Prince George's County communities as Verizon expands its all-fiber FiOS TV offering in the region.
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Mediacom customers in the Quad-Cities soon will be able to add home telephone service to the television subscription and high-speed Internet services already available from the company.
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PERRIS, Calif., June 8  /PRNewswire/ -- Consumers in Perris now finally have a choice of cable TV providers, with the launch of Verizon's FiOS TV in their community.
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Verizon Wireless, the second-biggest  U.S. mobile phone provider, launched television services on its  phones, run by Qualcomm Inc. unit MediaFlo, in 20 U.S. markets  on Thursday.
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Verizon Business is adding five network services for security and caching and other areas that a branch office can add with the use of a Cisco ISR router that's managed by Verizon.
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Verizon Wireless, the second-biggest  U.S. mobile phone provider, said it launched the country's  first commercial mobile television service in 20 states with  full-length programs and picture quality similar to regular TV.
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Verizon Communications Inc. yesterday identified 19 Boston suburbs -- including Natick, Newton, and Woburn -- where it will offer super-fast Internet access over a new fiber-optic network this year.
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Verizon Communications is stepping further into video as a way to compete against cable companies.