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Verizon releases Q4 results, sees jump in revenue, broadband subscribers, net loss

Verizon releases Q4 results, sees jump in revenue, broadband subscribers, net loss Created by MG3 on Jan 25, 2012

Verizon has just come out with its Q4 results this morning, ending the fiscal year with yet another solid revenue report, and a decidedly less rosy net loss. According to the provider, total revenue reached $18.3 billion during the final quarter of 2011, up 13 percent from last year. Verizon saw a particularly notable spike in data revenue, which reached $6.3 billion, representing a 19.2 percent increase over the year, and comprising nearly 42 percent of all revenue. »read more

More at: Engadget Add additional source

Filed in: Verizon Wireless

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