Wireline segment reported continued strong growth in the number of new customers of fiber-optic-based FiOS Internet and FiOS TV services, and continued increased revenues from enterprise strategic services. In the second quarter:
- Verizon added 303,000 net new FiOS Internet customers, a record number for the second consecutive quarter. By the end of the second quarter, the company had 3.1 million FiOS Internet customers, an increase of 56.1 percent compared with June 30, 2008.
- FiOS Internet sales penetration (sales as a percentage of potential customers) increased to 28.1 percent, compared with 23.5 percent at June 30, 2008. FiOS Internet was available for sale to 11.0 million premises by the end of the quarter.
- Verizon added 300,000 net new FiOS TV customers. The company had 2.5 million FiOS TV customers by the end of the quarter, an increase of 82.1 percent compared with June 30, 2008.
- FiOS TV sales penetration increased to 24.6 percent, compared with 19.7 percent as of June 30, 2008. FiOS TV service was available for sale to 10.3 million premises by the end of the quarter.
Over the past year, Verizon has added more than 1.1 million FiOS TV customers and expanded the availability of FiOS "triple-play" bundles of voice, Internet and TV services by approximately 46 percent. By the end of the second quarter, FiOS triple-play bundles were available to 10.3 million premises of the approximately 32 million households in Verizon's wireline network footprint, compared with 7.0 million premises at the end of the second quarter 2008.
Verizon's FiOS network passed an additional 650,000 premises in the second quarter. As of the end of the quarter, the FiOS network passed 13.8 million premises, or approximately 43 percent of households in Verizon's wireline network footprint.