Verizon than expected increase in its network more wireless devices in the latest quarter, continue to run for the strong of the country's largest mobile phone operator.
Verizon wireless 941000 equipment is added to the program based on the contract during the period from April to June, boosted service revenue from 8.3% a year ago. Its nearest rival, AT&T, see the income increases by about 4%.
Verizon communications, the company's net revenue of $52 billion, or 78 cents a share, up 21% from a year earlier, from a year ago, the company said on Thursday. Excluding pension related revenue, profit of 73 cents a share. Beat FactSet research analysts on average expected a penny.
Revenue was $29.79 billion, year-on-year growth of more than 4%, from a year ago, in line with analyst expectations.
Other News:
UBS in settlement with US over mortgages
Verizon posts strong device additions in 2Q
Blast during sermon by radical Myanmar monk wounds 4
Opponents of Dell buyout say don't delay vote
Aurora victims honored, gun groups stage protest
U.S. launches push to boost women's role in Afghanistan
World powers see Iran's Rouhani as chance for nuclear deal
J.P. Morgan, U.S. energy regulator near $410 million settlement: WSJ