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Verizon rakes in wireless fees in 1Q

2013-04-18 20:21:06| IT Services - Topix.net

Shares of Verizon Communications Inc. hit a 12-year high Thursday after it posted another quarterly report that showed its wireless revenue rising at a rate that's the envy of the industry.

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Verizon rakes in wireless fees in 1Q

2013-04-18 15:35:43| Telecom - Topix.net

Verizon Communications Inc. on Thursday said that its profit rose 16 percent in the latest quarter as wireless revenue kept rising at a rate that's the envy of the industry.

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Verizon sold 4M iPhones in Q1

2013-04-18 14:46:42| CNET News.com

Only half of those iPhones sold were the newest iPhone 5 model. [Read more]    

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Verizon adds 169,000 FiOS Video connections in 1Q 2013

2013-04-18 14:10:18| Digital TV News

Verizon Communications (NYSE, Nasdaq: VZ) has reported first-quarter 2013 results. The company added 169,000 net new FiOS Video connections in the quarter to end with a total 4.9 million, representing a year-over-year increases of 12.5 percent.

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Verizon grows quarterly earnings 15.3%

2013-04-18 14:09:00| Telecompaper Headlines

(Telecompaper) US operator Verizon reported first-quarter earnings up 15.3 percent from a year earlier to USD 0.68 per share, led by continued growth at its mobile and fibre broadband activities. Revenues rose 4.2 percent to USD 29.4 billion, EBITDA improved 12.1 percent to USD 10.3 billion, and operating profit was up 19.8 percent to USD 6.2 billion. The adjusted EBITDA margin was up 240 basis points from a year earlier to 35.1 percent. Operating cash flow increased 26.4 percent to USD 1.6 billion, while capital expenditures were flat year-on-year at USD 3.6 billion. Verizon said it expects earnings and free cash flow to continue to grow in the course of this year.

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