Verizon adds the most Fios Internet net adds since 4Q 2014

Verizon Communications reported third-quarter results highlighted by increases in total Fios Internet net additions and wireless service revenue. The company reported 139,000 Fios Internet net additions in third-quarter 2020, an increase from 30,000 Fios Internet net additions in third-quarter 2019. Including both business and consumer segments, the company reported 144,000 total Fios Internet net additions, the most Fios Internet net additions since fourth-quarter 2014. Verizon reported 61,000 Fios Video net losses in third-quarter 2020, reflecting the ongoing shift from traditional linear video to over-the-top offerings.