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Verizon Communications

Verizon Loses 78,000 Video Subs in First Quarter, Touts Highest Broadband Additions “in Over a Decade”

Verizon lost 78,000 net pay TV subscribers for its Fios consumer video service in the first quarter, compared with a loss of 69,000 in the fourth quarter and a loss of 82,000 in the year-ago period, the telecom giant said on Friday. The company has in the past often cited “the ongoing shift from traditional […]

Verizon Loses 69,000 Pay TV, Adds 55,000 Broadband Subscribers in Fourth Quarter

Verizon lost 69,000 net pay TV subscribers for its FiOS consumer video service in the fourth quarter, compared with a loss of 68,000 in the third quarter and 72,000 in the year-ago period, the telecom giant said on Tuesday. The company has in the past often cited “the ongoing shift from traditional linear video to […]

Verizon CEO Touts “Stickiness” of Streaming Content Partnerships

Telecom giant Verizon is happy with the customer response to content partnerships with the likes of Disney+, Discovery+ and Apple Music that it has offered certain subscribers for free for certain periods of time, its CEO said on Monday. “We are positively surprised about the stickiness and how customers have stayed with the services and […]

Verizon Loses 68,000 Pay TV, Adds 98,000 Broadband Subscribers

Verizon lost 68,000 net pay TV subscribers for its FiOS consumer video service in the third quarter, compared with a loss of 62,000 in the second quarter and 61,000 in the year-ago period, the telecom giant said on Wednesday. The company has in the past often cited “the ongoing shift from traditional linear video to […]

Verizon CEO Touts Disney+, Discovery+ Partnerships, Sees “a Lot of New Things We Can Add”

Telecom giant Verizon sees room to add more content partnerships along the lines of its Disney+ and Discovery+ deals, chairman and CEO Hans Vestberg said on Tuesday. “We see many more direct-to-consumer offerings,” he told the virtual Goldman Sachs Communacopia Conference, pointing to the company’s offerings under deals with the likes of streaming services Disney+ […]

Former CBS Interactive Chief Jim Lanzone Named CEO of Yahoo

Former CBS Interactive CEO Jim Lanzone is returning to the media sector. Lanzone, who has been the CEO of dating app Tinder for the last year, will become CEO of Yahoo, which last week spun out from its former parent company Verizon, and is controlled by the private equity firm Apollo. Lanzone starts at Yahoo […]

Verizon Adds Free AMC+ for Customers With Some Unlimited Plans

Verizon continues to add free access to new streaming services to customers of some of its unlimited plans. On Thursday, the telecom giant said that it would offer up to 12 free months of AMC+ to new Fios subscribers and to customers who buy a smartphone on a new line with select unlimited plans. Existing […]

Verizon Loses 62,000 Pay TV, Adds 92,000 Broadband Subs in Quarter

Telecom giant Verizon on Wednesday reported that it lost 62,000 net pay TV subscribers for its FiOS consumer video service in the second quarter, compared with a loss of 81,000 in the year-ago period and a loss of 82,000 in the first quarter. The company has in the past often cited “the ongoing shift from […]

After “Fool’s Gold” Rush, Telecom Giants Exiting Hollywood

In untangling itself from its WarnerMedia holdings with a $43 billion deal with Discovery, AT&T is looking to join Verizon in saying goodbye to Hollywood ambitions. Both telecom giants tried to reap gains from tying content businesses to vast wireless distribution networks. But getting these buys to pay off was more difficult than management expected. […]

Verizon Loses 82,000 Pay TV Subs in First Quarter

The telecom giant also posts its latest results for its Verizon Media unit, which includes the likes of Yahoo and AOL.

Verizon CEO’s Pay Rises to $19.1 Million in 2020

Hans Vestberg, who leads the telecom giant, received $18 million in 2019, before last year's coronavirus pandemic fallout.

Tiffany Haddish to Host Verizon’s Post-Super Bowl Concert With Alicia Keys, Brandi Carlile and Jazmine Sullivan

The event will raise funds for small businesses and also feature Brittany Howard, Christina Aguilera, Eric Church, H.E.R., Luke Bryan and Miley Cyrus.