Verizon Communications said its revenue rose 5.7% year-on-year in the fourth quarter of 2012 to 30 billion US dollars. For 2012 as a whole, revenue was up 4.5% to 115.8 billion dollars.
Verizon said that almost 50% of its total data traffic is now on its 4G LTE network, which now covers 89% of the US population. The carrier now has 21.6 million LTE devices connected to its network. In 2012, capex stood at 16.2 billion dollars - the same as in 2011. source: Verizon presentation
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