It ended the quarter with a total of 6. However, video losses continued to mount. The consumer segment reported 62, Fios Video net losses in second-quarter to end with a total of 3.
Broadband usage has risen as more workers have to access bandwidth-intensive applications like Zoom video calls. Although the trend varies by industry, a recent benefits consulting firm Willis Towers Watson report revealed that employers expect nearly 2 in 5 employees will still be working remotely at the end of , compared with 57 percent who work remotely now.
Ellis said that having a robust internet connection and flexible pricing is driving more of its customers to purchase broadband services like Fios. Verizon is also keen on using its capital to fund more fiber deployments for its 5G wireless service and Fios throughout and beyond.
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