Verizon's FiOS TV and AT&T's U-Verse add 200,000+ new subscribers each

written by: Gianluigi Cuccureddu

Details

Published on Saturday, 23 October 2010 13:55

Both Verizon and AT&T had a good third quarter when it comes to growth of their TV services FiOS and U-Verse. Verizon's FiOS TV service had an increase of 6,58% (204,000) new subscribers, up to a total subscribers base of 3,3 million users, according to FierceIPTV, whilst AT&T's U-Verse had an increase of 236,000 new subscribers.

With regard to revenue and penetration figures of FiOS TV:

On a revenue basis, FiOS, including FiOS Digital Voice, grew 29.2 percent year over year. FiOS revenues generated approximately 50 percent of consumer wireline revenues in third-quarter 2010, compared with approximately 40 percent in third-quarter 2009.

Total wireline broadband and video revenues -- including FiOS Internet, FiOS TV and HSI (DSL-based high-speed Internet) -- were $1.8 billion in the quarter, up 20.8 percent from third-quarter 2009.

FiOS TV penetration edged forward 27.2 percent by the end of the quarter, with the product available for sale to 12.1 million premises. This compares with 25.1 percent and 10.4 million, respectively, at the end of third-quarter 2009.

But in more mature FiOS markets, Verizon said:

Penetration rates have shown consistent growth to more than 35 percent, with a few markets in excess of 40 percent.

AT&T's U-Verse subscribers segment showed additional revenues streams for the company:

In addition to the U-verse subscriber gains, AT&T said nearly 90 percent of subscribers took high-speed Internet services as well, and another 60 percent too U-verse voice services. In all, more than three-quarters of U-verse TV subscribers have triple- or quad-play contracts.