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View Full Version : Verizon revenue rises 3.8 percent; gains more subscribers



zombola
04-21-2015, 12:10 PM
http://s2.reutersmedia.net/resources/r/?m=02&d=20150421&t=2&i=1042129697&w=644&fh=&fw=&ll=&pl=&r=LYNXMPEB3K0HF


A cybersecurity expert monitors telecommunications traffic at a network operations center in a Verizon facility in Ashburn, Virginia July 15, 2014.
Reuters/Jonathan Ernst

(Reuters) - Verizon Communications Inc's quarterly revenue rose 3.8 percent due to higher net addition of postpaid subscribers as users added more devices to data plans.
Net income attributable to Verizon was $4.22 billion, or $1.02 per share, in the first quarter, compared with $3.95 billion, or $1.15 per share, a year earlier.
Revenue rose to $31.98 billion from $30.82 billion. The company added 565,000 net retail postpaid customers in the quarter ended March 31.
(Reporting by Malathi Nayak in New York and Supantha Mukherjee in Bengaluru)