Friday, July 22, 2011
Verizon Revs Growth Engine
Verizon Communications, one of the largest telcos in the U.S., said that its revenue grew 6.3% year-on-year in the second quarter to 27.5 billion US dollars. Verizon said that its revenue from wireless data services climbed 22.2% and its revenue from services over its fibre network rose 20.7%.
In the second quarter, Verizon introduced three new LTE devices: the Droid Charge by Samsung, Revolution by LG and the MiFi 4510L Mobile Hotspot by Novatel Wireless, while the LTE-enabled Samsung Galaxy Tab 10.1 is set to launch by the end of July. Verizon said it sold 1.2 million LTE smartphones and Internet data devices during the second quarter. source: Verizon statement
Labels: More U.S. telecoms
WHERE WE'RE HEADED: TELECOMS TRENDS AROUND THE WORLD: SUBSCRIBE HERE