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January 29, 2007

Verizon Doubles FiOS TV Footprint in Q4

Verizon reported fourth quarter 2006 earnings, offering a status report on its FiOS TV service:

• the company added 89,000 FiOS TV subscribers in Q4 for a year-end total of 217,000 subs, adding an average of 6,800 net new FiOS TV subscribers per week in the quarter

• FiOS TV achieved a penetration rate of 9% among the 2.4 million homes passed by the service by year-end

• FiOS TV doubled its homes passed in Q4, adding almost half of its 1.2 million new homes passed just in the last two weeks of December (having started the year with 110,000 FiOS TV subs)

• Penetration just in Texas, where FiOS TV launched in Keller, is "very, very high," boasting "probably well over 20%, 22%, 25%" according to Verizon's fourth quarter earnings call to analysts

• 6 out of every 10 FiOS TV orders also signed up for FiOS Internet

• Verizon had 687,000 FiOS broadband Internet subscribers by year-end, representing 14% penetration of homes passed; it added 165,000 net new FiOS Internet subs in Q4, averaging more than 12,000 per week

• Combined with Verizon DSL, the company had 7 million total broadband customers by Dec. 31, an increase of 1.8 million over year-end 2005

• Verizon's FTTP (fiber to the premises) network passed 6 million homes at year-end, more than doubling its 2005 footprint



Separately, a four-product bundled offering of voice, video, high-speed Internet and wireless is getting ready to launch, according to the Associated Press. AP has more on its new wireless bundles with DSL and satellite TV.

Click here for Verizon's press release on its Freedom bundles with wireless





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Help CableFAX: The Magazine decide by nominating the executives you think should be included in our annual list of the Most Powerful Women in Cable. We will rank the top 50 most powerful women, and run a list of the second 50, in the November issue of CableFAX: The Magazine. Nominations are open to all cable operators, programmers, vendors and trade associations. Click here for nomination form. Deadline for nominations: Sept. 8.
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Read about the winners of CableFAX: The Magazine's 2008 CableFAXIES Awards, and find out who's working at the top of their game in cable PR and marketing.
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Cable's stars turned out for the first annual CableFAX 100 luncheon at New York's Grand Hyatt. Catch Mad Men's Jon Hamm, Cash Cab's Ben Bailey as well as Sundance Channel's Larry Aidem and Cable Pioneer Bill Bresnan and others in our video from the wintertime event.




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Who are cable's most influential minority executives?
Help CableFAX: The Magazine decide by nominating the executives you think should be included in our annual list of the Most Influential Minorities in Cable. We will rank the top 50 minorities, and run a list of the second 50, in the September issue of CableFAX: The Magazine. Nominations are open to all cable operators, programmers, vendors and trade associations. Click here for nomination form. Deadline for nominations: July 3.

Who are cable's most powerful women executives?
Help CableFAX: The Magazine decide by nominating the executives you think should be included in our annual list of the Most Powerful Women in Cable. We will rank the top 50 most powerful women, and run a list of the second 50, in the November issue of CableFAX: The Magazine. Nominations are open to all cable operators, programmers, vendors and trade associations. Click here for nomination form. Deadline for nominations: Sept. 8.

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