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This weblog captures key data points in the development of the global telecoms industry.

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
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