Verizon posts revenue growth on mobile additions
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.
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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, with the company pointing to growth in mobile customers as a cause for optimism.
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Verizon reports spike in net income, due to one-time items
Verizon Communications reported revenue of US$26.4 billion for the fourth quarter of 2010, down from $27.1 billion a year earlier, although net income nearly doubled because of gains from one-time items.
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Google, Verizon make net neutrality proposal
Google and Verizon Communications have released a proposal that would give the U.S. Federal Communications Commission limited power to enforce network neutrality rules, including levying fines up to US$2 million for violations by broadband providers.
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Verizon posts loss due to severance costs
Verizon Communications reported a net loss of US$198 million in the second quarter of 2010, down from net income of $1.5 billion in the second quarter of 2009, with the drop due to one-time charges, including a voluntary employee buy-out program.