About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, April 26, 2024

Verizon Continues FWA Growth

Reporting revenue growth of 0.2% to almost 33 billion US dollars in the first quarter, Verizon said that it added 151,000 fixed wireless access (FWA) business customers and 203,000 FWA consumer customers. But wireless equipment revenues fell almost 7%.

Overall, broadband net adds were 389,000, including 53,000 Fios (fibre) Internet net adds. In total, Verizon completed the  quarter with more than 11.1 million broadband subscribers, including over 3.4 million on FWA. "We've now added more than three million broadband subscribers in the last two years alone," noted CEO Hans Vestberg. Source: Verizon collateral

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