Verizon continues to be a victim of copper theft, suffering over 12 incidents in its Southern California market alone in recent months.
Verizon Communications added 116,000 FiOS video subscribers in the fourth quarter, a 26 percent year-over-year uptick, upping its total video subscriber base to 5.6 million.
Verizon reported that strong consumer services and FiOS revenues helped the telco ease the pain of an overall decline in wireline revenues during the fourth quarter.
Verizon has furthered the capabilities of 100G by deploying the technology on its network in Japan, Singapore and Hong Kong, connecting these three locations in one of the highest growth regions it serves today.
A lot of the comments filed on the FCC's Notice of Inquiry (NOI) into the use of spectrum bands above 24 GHz were positive, praising the commission for launching the proceeding to investigate potential opportunities for using millimeter wave (mmW) bands to accelerate 5G services. But many interested parties are calling for caution as well, especially when it comes to framing rules around the use of the mmW bands.
Verizon announced its new "Verizon Vehicle" connected-car service that is designed to provide roadside assistance, vehicle monitoring and other services to the roughly 200 million older cars on the road today that cannot connect to a wireless network. The product is scheduled to launch April 10 and will cost $14.99 per month ($12.99 per month for each additional vehicle) with a two-year contract.
Verizon has once again taken the top spot on Netflix's monthly U.S. ISP Speed Index, maintaining its lead over a group of aggressive cable operators that are gaining ground in the speed race.
Verizon said that its self-imposed shutdown of its cloud during the past weekend for maintenance will ensure that any future updates can take place without any impact on customers.
Verizon may still be one of the largest wireline telcos in the U.S., but it's clear that its ongoing focus to trim nonessential assets and increase its market share in the wireless industry is driving it to consider selling some of its fixed line business units.
AT&T is going to conduct a live, in-stadium trial demonstration of AT&T LTE Broadcast technology. And, unlike the demonstration rival Verizon conducted outside the MetLife Stadium for the Super Bowl in 2014, AT&T plans to conduct this trial inside AT&T Stadium when the Ohio State Buckeyes meet the Oregon Ducks for the first-ever college football national championship in Arlington, Texas, on Jan. 12.