Friday, January 23, 2015

Handset Sales Power Verizon Revenue Rise


Verizon Communications said its total operating revenues in the fourth-quarter were 33.2 billion US dollars, a 7% increase year-on-year on a like-for-like basis. The rise was driven largely by a 74% increase in wireless equipment revenues. Full-year 2014 operating revenues were 127.1 billion dollars, up 6% on a like-for-like basis. 

In 2015, Verizon expects consolidated revenue growth of at least 4%. source: Verizon statement

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