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