{"id":16280,"date":"2020-04-24T21:18:26","date_gmt":"2020-04-24T16:18:26","guid":{"rendered":"https:\/\/umang.pk\/2020\/04\/verizon-lost-84000-pay-tv-subscribers-in-q1-as-consumers-continue-shift-to-streaming\/"},"modified":"2020-04-24T21:18:26","modified_gmt":"2020-04-24T16:18:26","slug":"verizon-lost-84000-pay-tv-subscribers-in-q1-as-consumers-continue-shift-to-streaming","status":"publish","type":"post","link":"https:\/\/umang.pk\/ur\/2020\/04\/24\/verizon-lost-84000-pay-tv-subscribers-in-q1-as-consumers-continue-shift-to-streaming\/","title":{"rendered":"Verizon lost 84,000 pay TV subscribers in Q1 as consumers continue shift to streaming"},"content":{"rendered":"
\n

During the first quarter of 2020, Verizon lost 84,000 Fios TV subscribers and 68,000 postpaid cell phone subscribers, as telecom companies continued to see the impact of the COVID-19 epidemic. In a revenue report this morning, Verizon said, "It is constantly changing from a traditional linear video to the best product." This trend is not new, but an extensive quarantine is helping to push it forward. <\/p>\n

It is said that 70% of Verizon stores closed and sales of equipment decreased. Nevertheless, the consumer segment reported 59,000 net additions to Fios Internet services. <\/p>\n

Verizon's revenue in the first quarter was $ 31.3 billion, which fell short of Wall Street analysts' estimate of $ 34 billion.<\/p>\n

Verizon's media division posted revenues of $ 1.7 billion in the first quarter, down 4 percent from the previous quarter. The advertising trend was weak last month, the company said. Media unit Huff Post<\/em> And Yahoo.<\/p>\n

\u201cBefore the COVID-19 crisis, sales trends have been steadily improving over the course of 2019. Verizon Media increased the level of customer engagement on the platform, but in the current environment, advertising rates were reduced. "<\/p>\n

Verizon participates in the Keep Americans Connected Pledge to waive delayed fees and not terminate services for customers during pandemics. Verizon CEO Hans Vestberg said in an interview with CNBC today that the company is working with unpaid customers. <\/p>\n

Verizon also said that even if people don't go to the store to buy the device, they are still planning to deploy 5G. \u201cWe are well connected to the supply chain,\u201d said Vestberg. "When people see improvements in 5G, I think people actually want it."<\/p>\n<\/div>\n<\/pre>\n<\/pre>\n","protected":false},"excerpt":{"rendered":"

During the first quarter of 2020, Verizon lost 84,000 Fios TV subscribers and 68,000 postpaid cell phone subscribers, as telecom companies continued to see the impact of the COVID-19 epidemic. In a revenue report this morning, Verizon said, "It is constantly changing from a traditional linear video to the best product." This trend is not […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16280","post","type-post","status-publish","format-standard","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/16280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/comments?post=16280"}],"version-history":[{"count":0,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/16280\/revisions"}],"wp:attachment":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/media?parent=16280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/categories?post=16280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/tags?post=16280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}