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Verizon Posts Strong Earnings Ahead of IPhone Launch

Verizon added 872,000 postpaid wireless subscribers to go with net income of $4.65 billion in Q4 2009. On the year, Verizon posted a net profit of $10.2 billion, or roughly 12% less than the $11.6 billion reported in 2009. In December, the carrier commercially launched its 4G LTE network, becoming the first major carrier in the U.S. to offer LTE services. Verizon also announced that it would soon support a CDMA version of Apple’s popular iPhone 4 on its 3G EV-DO Rev. A network.”]

Source: https://www.csoonline.com/article/2126854/verizon-posts-strong-earnings-ahead-of-iphone-launch.html

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