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Verizon’s Growth Driven By Lower Tax Estimates

Verizon Communication reported revenue of US$27 billion for the first quarter of 2011, up 0.3 percent from a year earlier. Earnings per share were $0.51, meeting the expectations of analysts polled by Thomson Reuters. Verizon Wireless added 1.8 million customers since the beginning of the year. Verizon’s mobile revenue rose 10.2 percent, to $16.9 billion. Verizon added 207,000 broadband customers and 192,000 Fios television customers during the quarter. The wireline division has dropped 16,000 workers, primarily through incentive buyouts, in the past year.”]

Source: https://www.csoonline.com/article/2128322/verizon-s-growth-driven-by-lower-tax-estimates.html

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