Comment on Is It Time for Verizon to Get Out of the FiOS TV Business?

Is It Time for Verizon to Get Out of the FiOS TV Business?

FIBER BEFORE INSTALL. IMAGE SOURCE: FLICKR/SLGCKGCThe pay-TV industry is having a tough time combating the growth of streaming video services. Overall, pay-TV subscribers are expected to decline by 700,000 households this year, according to eMarketer. Verizon (NYSE: VZ) has built up a strong base of over 5.8 million subscribers, but the growth of its 10-year old pay-TV service has slowed substantially in the last couple quarters.During the first quarter, Verizon added just 36,000 net subscriber to FiOS video, a 60% year-over-year decline.

 

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