Verizon quarterly revenue jumps on more subscribers

Young journalists club

News ID: 26437
Publish Date: 16:21 - 24 July 2018
TEHRAN, July 24 -Verizon Communications Inc (VZ.N) reported a 5.4 percent rise in quarterly revenue on Tuesday, as it attracted more postpaid subscribers with unlimited data plans.

Verizon quarterly revenue jumps on more subscribersTEHRAN, Young Journalists Club (YJC) -Verizon Communications Inc (VZ.N) reported a 5.4 percent rise in quarterly revenue on Tuesday, as it attracted more postpaid subscribers with unlimited data plans.

Total operating revenue rose to $32.20 billion from $30.55 billion a year ago.

Verizon said it added 398,000 subscribers who pay a monthly bill on a net basis, beating analysts’ average estimate of 352,000 subscribers, according to Thomson Reuters I/B/E/S.  

Source:Reuters

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