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Verizon's mobile and broadband growth drive higher revenue in Q3

2013-10-18 01:16:54| InfoWorld: Top News

Verizon Communications' profit and sales rose in the third quarter of 2013, with the growth driven by higher mobile and broadband numbers. The company said on Thursday that it posted a 4.4 percent increase in revenue and a 30 percent increase in net income compared with 2012's third quarter. Net income attributable to Verizon, not including Vodafone's stake in Verizon Wireless, was $2.2 million, up 38 percent from a year earlier.

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