About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, July 27, 2009

Verizon Keeps Growing

Verizon Communications, which recently acquired fast-growing wireless operator Alltel, said that its underlying operating revenue grew almost 2% year-on-year to 26.9 billion US dollars in the second quarter, as it added new customers for its mobile and fibre services.

Underlying mobile data revenue climbed 33% to 3.9 billion dollars in the quarter and Verizon Wireless said that 40% of all the devices it sells are now smartphones or PDAs. Verizon also said that its capital spending of 8.1 billion dollars in the first half of 2009 was almost 4% lower than in the same period of 2008. source: Verizon presentation

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