Tuesday, October 21, 2014

Verizon adds 1.53 million net new subscribers in latest quarter

Verizon has just released the results of its third quarter, and it was another strong three month period for the nation's largest carrier. 1.53 million net new connections were added during the three months, giving Big Red a total of 106.2 million retail connections. 100.1 million of these are postpaid accounts.



For the quarter, Verizon Wireless had $21.8 billion in revenue, a 7% increase from the previous year. At $18.4 billion, service revenue increased 4.8% year-over-year. Retail service revenue grew 4.6% year-over-year to $17.6 billion. At $161.24, Average Revenue Per Account (ARPA) ...



from PhoneArena - News http://ift.tt/1t9eTQa

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