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Tag: verizon
Verizon Q2 profits up strongly on mobile growth
2013-07-18 14:11:00| Telecompaper Headlines
(Telecompaper) Verizon reported double-digit growth in second-quarter profits amid continued strong demand for its mobile and fibre broadband services. Revenues rose 4.3 percent from a year earlier to USD 29.8 billion, and operating profit jumped 16.0 percent to USD 6.6 billion. EBITDA increased 9.5 percent to USD 10.7 billion, and the margin improved 170 basis points to 35.9 percent. The US operator reported a net profit of USD 0.78 per share, including a 5-cent one-time gain on pensions, up from USD 0.64 a year earlier. Operating cash flow rose to USD 17.1 billion in the first half of the year from USD 15.3 billion in H1 2012, and capex increased to USD 7.6 billion from USD 7.4 billion over the same period. Verizon raised its capex budget for the full year to USD 16.4-16.6 billion, versus a previous estimate of USD 16.2 billion, in order to meet stronger demand for mobile data services and start deploying its AWS spectrum in the second half of the year.
Tags: mobile
growth
strongly
profits
Verizon adds 5 millionth FiOS Video customer
2013-07-18 14:00:20| Digital TV News
Verizon Communications (NYSE, Nasdaq: VZ) has reported second-quarter 2013 results. Verizon added 140,000 net FiOS Video connections in the quarter to end with a total of 5.0 million, representing a year-over-year increase of 12.6 percent.
Tags: video
customer
adds
verizon
Verizon sees profit rises on pension gain; adds 1M customers
2013-07-18 13:39:16| CNET News.com
Excluding the pension benefit, Verizon posted per-share earnings that slightly topped expectations, although revenue was a hair on the light side. [Read more]
Tags: customers
gain
profit
adds
Will Apple Inc. (AAPL) Really Force Verizon Communications Inc. (VZ) to Cough up $14 Billion?
2013-07-18 02:32:20| IT Services - Topix.net
In the past, the partnership between the companies was fruitful, boosting Verizon Communications Inc. 's annual revenue 7.5% over the past two years.
Tags: up
force
communications
apple
Verizon follows AT&T, T-Mobile US with more frequent phone upgrades
2013-07-18 02:00:00| Total Telecom industry news
Operator's Edge plan allows customers to buy a new handset after six months provided 50% of the cost of their existing device is paid off.
Tags: phone
att
frequent
upgrades
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