Friday, October 21, 2011
Verizon Rides Wireless Data Wave
Verizon Communicatons said that its revenue rose 5.4% year-on-year in the third quarter to 27.9 billion US dollars, boosted by 20.5% growth in wireless data services and 18.5% growth in fibre-optic based services.
Verizon Wireless added that on October 20th its LTE service was available in 165 markets covering a population of more than 186 million, across the country. During the quarter, the company introduced five new LTE devices: the Droid Bionic by Motorola, the Pantech Breakout, the Samsung Galaxy Tab 10.1 tablet, the Compaq Mini CQ10-688nr netbook and the HP Pavilion dm 1-3010nr notebooksource: Verizon presentation
Labels: More U.S. telecoms
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