56% of Verizon users go with 50 Mpbs or higher


Karl Bode @ DSLReports posted this interesting tidbit on Verizon. Lotsa money spent on wireless and broadband. Looks like there are some new Fios installs also.

"Verizon has released the company's fourth quarter earnings, which indicate that big red posted a net income of $7.9 billion on revenues of $31.02 billion. As always most of that money came courtesy of wireless, where Verizon added 1.7 million retail connections (including tablets and other devices) for a grand total of 102.8 million retail connections -- most of them now under Verizon's pricey shared data plans. On the wireline side, Verizon added 126,000 net FiOS broadband lines and 92,000 net TV subscribers for 6.1 million FiOS broadband and 5.3 million Fios TV customers. 46% of users subscribe to 50 Mbps or higher speeds. DSL defections resulted in a net gain of just 20,000 broadband customers."