Verizon Sees Shift From Linear Video to OTT Offerings

Verizon Communications showed strong results in the third quarter of 2017 adding 66,000 Fios Internet connections and losing just 18,000 Fios Video connections. This reflects the strong shift from traditional linear video to OTT offerings using the Internet. At the end of the third quarter, Verizon had 5.8 million Fios Internet connections and 4.6 million Fios Video connections.

Verizon sees decline in Fios video connections whilst OTT grows