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Verizon reports higher 3Q net income, revenue

2014-10-21 23:39:32| IT Services - Topix.net

Verizon Communications Inc. on Tuesday reported higher net income and revenue in its third quarter, helped by strong wireless subscriber growth and demand for its high-speed FiOS Internet services. Verizon, which bought out its wireless division from British cellphone carrier Vodafone Group this year, said it added 1.5 million net retail wireless connections in the quarter up 44 percent from the same time last year.

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