Verizon sees continual momentum for expanding its enterprise services outside of the United States, but according to Fran Shammo, EVP and CFO, the telco can do it without having to purchase other service providers.
How close is Verizon Wireless to offering voice over LTE? Pretty darn close, based on the fact that Spirent Communications' announced its 8100 mobile device test system has been selected to ensure that VoLTE/IMS devices destined for Verizon's network will comply with industry standards and the operator's certification requirements.
Verizon may have halted further builds of its FiOS network into new markets, but where it is converting problem copper-based customers to the fiber-based service it's finding that customers like purchasing speeds of 50 Mbps and higher.
Verizon Wireless is currently experiencing higher than expected LTE data traffic and network stresses in a few major markets, but expects to have those issues ironed out by year-end, according to Verizon Communications CFO Fran Shammo.
Subscriptions for FiOS Internet are outpacing FiOS TV sales, with popularity of over-the-top video services impacting subscription sales, Verizon CFO Fran Shammo said Wednesday.
Verizon said it picked up 135,000 FiOS TV and 173,000 FiOS Internet subscribers in the third quarter, while it lost 117,000 DSL customers.
The joint innovation venture that Verizon Wireless launched with Comcast, Time Warner Cable and Bright House Networks after agreeing to buy spectrum from the major MSOs in December 2011 "has been terminated," Verizon CFO Fran Shammo said Thursday.
Verizon Wireless added 1.1 million net retail connections in the quarter, including 927,000 net retail postpaid connections. However, those results were below some analyst expectations--and New Street Research analyst Jonathan Chaplin warned that Verizon's sluggish third quarter results could be attributed to increased competition from the newly recharged T-Mobile US.
Verizon Communications continues to make progress with its copper to fiber migration, potentially surpassing its initial 300,000 customer goal for 2013, Verizon CFO and EVP Fran Shammo told investors at this week's Oppenheimer conference.
Verizon Communications CFO Fran Shammo said although content providers have approached Verizon Wireless about wanting to subsidize content delivery, there are still technology hurdles to making that a reality.