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Verizon posted a slight sequential uptick in FiOS TV and data additions in Q2 '10, despite seasonal headwinds, with 174,000 new TV and 196,000 new data subscribers in the quarter.

The additions fall in line with the "new normal" running rate at FiOS, which is far below the go-go quarters of late 2008 and early 2009, but on par with the last three quarters. The 174,000 FiOS TV additions were far below the nearly record gain of 300,000 in Q2 '09. The same was true for the FiOS data gain of 196,000, which was far below Q2 '09's gain of 303,000.

But the Q2 '10 numbers were higher than Q1 '10's gain of 168,000 (video) and 185,000 (data), showing that even in the face of seasonal factors, FiOS performed well.

The company added 300,000 homes to its home built tally of 15.9 million and 400,000 homes to its home marketed tally, which now stands at 12.4 million. As such, data penetration stands at 29.7% with 3.8 million subscribers and TV penetration stands at 25.9%, with 3.2 million subscribers.

While AT&T lost 64,000 broadband subscribers in the quarter, Verizon managed a gain of 28,000, as FiOS additions offset a loss of 168,000 DSL subscribers. Still, it was Verizon's lowest broadband gain on record. That compares to a total gain of 186,000 a year ago.

The company also managed to curb its wireline phone losses, losing only 355,000 primary residential access lines, versus a loss of 456,000 a year ago.

Total wireline broadband and video revenue reached $1.8 billion, up 20.1% from a year ago, led by a 33.2% gain in FiOS broadband revenue. FiOS now accounts for 43% of the company's wireline revenue.

Consumer ARPU rose 11.4% to $80.76 in the quarter, led by FiOS ARPU that now stands at $145 per month.

The company continues to lay off employees, as it shed 3,800 in Q2, after shedding 2,300 in Q1. Another 9,200 employees were transfedred to Frontier Communications.

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