Verizon boosts clients, revenue

Verizon Communications mentioned Tuesday it added 201,000 internet new FiOS Online connections and 194,000 video subs inside the fourth quarter year-on-year to complete 2011 with 4.8 million broadband and 4.2 million video clients. The business tossed with a internet insufficient $212 million, mainly on one-time pension changes, in the conserve the prior year. Revenue rose 7.7% to $28.4 billion using what Verizon referred to as finest year-over-year quarterly revenue rise in its 11-year history. The boost was fueled by ongoing strong curiosity about Verizon Wireless Carrier Company services and cell phone models as well as the FiOS fiber-optic service, that's becoming progressively competitive with satellite and cable inside a couple of areas. FiOS transmission (clients just like a section of potential clients) ongoing to enhance, with Internet transmission of 35.5% percent at year-finish, up from 31.9% the last year. Video transmission was around 31.5% from 28% percent, The FiOS network passed 16.5 million houses at year-finish 2011. Contact the number newsroom at news@variety.com