According to an article from Light Reading, Verizon’s FiosTV service in the U.S. will be moving to an all IPTV-based system in the next three years. Currently, Verizon uses a hybrid approach using IPTV technology for its VOD service and cable TV-style RF distribution for its live TV service.

Verizon put out a press release on September 20th, touting FiosTV and its two-year anniversary. In the release, Verizon said it has 515,000 FiosTV subscribers compared to AT&T’s 100,000 subscribers for its U-verse service.

FiosTV is currently available to over 3.9 million households, which means that about 13.2% of customers have chosen to go with FiosTV.

Verizon’s impact on cable operators is being felt, too. A report by OneTrak said that FiosTV is stealing customers from cable companies in 34 cities and towns in Massachusetts where FiosTV is offered. OneTrak said that incumbent cable operators may “experience subscriber losses of 10 percent or more because of Fios competition.” Comcast reportedly lost about 2.6% of its subscribers in communities where FiosTV is offered.

Bonus: Check out the OneTrak page for lots of interesting content on FiosTV vs. the cable cos.

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