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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.

Thursday, July 19, 2012

Verizon Sees Solid Sales Growth



Verizon, a leading US telco, said its revenues climbed 3.7% year-on-year in the second quarter to 28.6 billion US dollars. Wireless sales rose 7.4%, boosted by an 18.5% increase in data revenues.Verizon said it sold 3.2 million LTE devices in the quarter and its LTE network now covers almost 75% of the US population.  But Verizon's wireline sales fell 3.1%, even though revenues from its fibre services climbed more than 17%. source: Verizon presentation 

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