TVNewser LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllTwitter AllFacebook InsideFacebook InsideSocialGames InsideMobileApps

FiOS TV Cracks 2.5 Million Subscribers

Multichannel

fios installation Economic storm clouds didn’t hurt Verizon’s FiOS TV high batting average in the second quarter.

The telco snagged 300,000 net FiOS TV subscribers for the three months ended June 30, to stand at nearly 2.52 million. However, the telco said it remains focused on cutting costs in its wireline unit–which saw quarterly revenue fall 5.2%–with plans to cut 8,000 jobs in the second half of 2009.

Verizon’s FiOS TV is now larger than Bright House Networks, which has about 2.4 million subscribers. The FiOS TV results, coming after two quarters of similar numbers of net adds, “were solid in what is normally a seasonally weak quarter, and in the wake of relatively slow rate of new passings in Q1,” Sanford Bernstein analyst Craig Moffett wrote in a research note. More…

Mediabistro Course

Social Media 101

Social Media 101Get hands-on social media training for beginners in our online boot camp, Social Media 101. Starting September 4, social media and marketing experts will help you determine the social media sites that matter most to you, based on your personal and professional goals. Hurry, this boot camp starts next week! Register now!