Verizon boosts revenue, income on mobile and broadband growth
Driven by growth in mobile and Fios broadband customers, Verizon Communications on Thursday reported first quarter 2014 revenue of $30.8 billion, up from $29.4 billion a year earlier.
Driven by growth in mobile and Fios broadband customers, Verizon Communications on Thursday reported first quarter 2014 revenue of $30.8 billion, up from $29.4 billion a year earlier.
Heavy broadband users should help shoulder the cost of their traffic, but Verizon Communications does not give preferential treatment to some Web traffic, the company's CEO said Monday.
Verizon Communications posted a net loss of US $1.9 billion during the fourth quarter of 2012, but the losses were due to a series of one-time expenses announced earlier.
Verizon Communications on Friday reported revenue of US$27.5 billion for the second quarter of 2011, up 2.8 percent from the second quarter of 2010, largely driven by mobile subscriber additions.