Verizon announced mixed results for Q4 2011 Wednesday, as a record quarterly growth in revenues was offset by high subsidies for Apple iPhone and several one-time expense items. The largest U.S. wireless carrier said that its Q4 revenues grew 7.7% over the same period last year, the most in over a decade of operations, on the back of strong smartphone sales as well as gains in postpaid and FiOS …
Excerpt from:
Verizon Readies For Data Boom With Big Wireless Bets
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