Verizon plans to gauge the level of interest for each channel based on how many unique viewers watch a channel for longer than five minutes each month via their set-top boxes.
Verizon Wireless posted encouraging second quarter numbers, bolstered by increased revenue from smartphone sales and the shift from copper to fiber optics’ FiOS for wireline and Internet customers. The No. 1 U.S. mobile carrier announced Thursday a $1.83 billion quarterly profit on $28.552 billion in revenue.
The massive success of the iPhone 4S, together with its next-generation LTE 4G network, helped Verizon see strong earnings of $0.52 a share in the fourth quarter on revenue of $28.4 billion.
Communications giant Verizon is scaling back efforts to grow its FiOS television and Internet services, according to comments made by the company’s Chief Executive Lowell McAdams during the UBS Global Media and Communications Conference in New York Wednesday.
Christmas comes early for gamers on Verizon’s FiOS cable and Internet service. The company finally dished out plans for its previously announced Xbox 360 integration today, which includes an initial bundle of 26 live channels with Kinect voice and gesture support.
Microsoft is expected to announce that it will offer online pay TV from Comcast and Verizon Communications via the Xbox Live online gaming service. The aim is to channel more entertainment to the company’s video game console, which serves as the gateway to the digital living room. The announcement could come as early as tomorrow.
Verizon this morning announced its fourth quarter earnings for 2010 and, for the most part, it looks like the company fared well, with strong wireless subscriber growth and profits doubling those of last year.
Verizon’s wireline broadband network can now reach speeds of 150 megabits a second, or about 21 times the average broadband speed across the country.
Verizon today announced several changes to its executive roster in preparation for CEO Ivan Seidenberg’s retirement. The company named Lowell McAdam (pictured to the right alongside Google CEO Eric Schmidt), current president and CEO of Verizon Wireless, as Verizon’s new president and COO.
Verizon today showed off its attempt at a TV Everywhere offering — which would allow subscribers to its internet/TV/phone bundle service FiOS to access content on screens other than their televisions. It’s working on both an iPad application that would let users view live TV and a video-on-demand (VOD) offering for computers and mobile devices, reports NewTeeVee.
Verizon is looking to end the expensive roll out its FiOS service — which delivers high-speed internet, television, and phone service to millions of subscribers across the East Coast. The company will finish up its FiOS expansion in certain major markets, but those that haven’t received it yet are most likely out of luck, according to the AP.