Filed under: Verizon Wireless
It looks like it’s a surprisingly good time to be a behemoth US carrier, with both AT&T and Verizon reporting some pretty aggressive profits in the first quarter of 2008 in the face of a flagging economy. Many of Verizon’s results closely mirror AT&T’s actually, with data revenue absolutely destroying the numbers from a year ago — up 48.9 percent year over year, in Big Red’s case. As we can see from Verizon’s own documentation here, they’re tooting their horn against their arch-nemesis with more net adds, a slightly better ARPU, lower churn, and lower cost per customer, with service revenue and total subs (of course) being AT&T’s big wins. Whether the momentum can be kept up through a challenging ’08 remains to be seen, but it’s a solid start for the nation’s number two. Hit the gallery below for a big shot of Verizon’s message to employees regarding the results.
[Thanks, anonymous tipster]
Read | Permalink | Email this | Comments
Original post by Chris Ziegler
Related posts:
- Verizon Galaxy Nexus not landing til after Black Friday? Initial rumors had the Verizon release of the Galaxy Nexus...
- Verizon releases Q4 results, sees jump in revenue, broadband subscribers, net loss Verizon has just come out with its Q4 results this...
- Verizon is on a roll, posts another $27.5 billion in Q2 revenues Hot on the heels of AT&T’s happy earnings tidbits yesterday,...
- Verizon reportedly trials VoLTE services in two cities, eyes nationwide rollout next year Verizon’s Voice over LTE (VoLTE) platform has been in the...
- Verizon experiencing nationwide data outage? (update: Verizon confirms) That phone on Big Red having problems with data? Apparently...
Related posts brought to you by Yet Another Related Posts Plugin.
