Verizon’s Fixed Wireless Growth Slows in the First Quarter
The company added 354,000 fixed wireless subscribers in the most recent quarter, leaving the company with 3.4 million such customers overall
The company added 354,000 fixed wireless subscribers in the most recent quarter, leaving the company with 3.4 million such customers overall
WASHINGTON, April 22, 2024 – Verizon Communications Inc. said Monday that it added 354,000 Fixed Wireless Access subscribers in the most recent quarter, leaving the company with 3.4 million FWA customers overall. The company said it added 53,000 Fios Internet wireline subscribers as well in the quarter ending March 31.
Verizon said it added 203,000 residential and 151,000 business FWA subscribers in the quarter, saying the business segment’s 10.2% increase over first quarter 2023 was its best quarterly result to date.
The efforts are not termed ‘investigations,’ but - signed only by Democrats - demand answers from Carr.
Regional ISP urged regulators to adopt reforms modeled on federal rules.
The Federal Communications Commission is seeking comment on the proposal.
Wulfsen argued that fiber is a better long-term investment than satellite.