Sunday, October 24, 2010
Verizon Sees Strong Smartphone Sales
Wireless data revenues were up 26.3% year-on-year, as smartphone penetration among Verizon Wireless' postpad customers climbed to 23% from 14% in the third quarter of 2009.
Verion said that its capital expenditures totaled 11.8 billion dollars through the first three quarters of 2010, down 4.9% year-on-year. Verizon expects that total capital spending for 2010 will be at the low end of, or slightly below, the company's targeted range of 16.8 billion to 17.2 billion dollars. source: Verizon statement
Labels: More U.S. telecoms
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