Saturday, May 31, 2008

Verizon Wireless Data Revenue Up 65% in 2007

Verizon Wireless data revenue is exploding, says Verizon Chief Financial Officer Doreen Toben said Thursday.

Verizon wireless data revenues grew 65 percent in 2007, representing almost one-quarter of service revenues for Verizon Wireless, a joint venture between Verizon and Vodafone.

On an annualized basis, first quarter data revenue would reach almost $10 billion, she said, putting Verizon “only at the beginning of explosive growth.”

No comments:

Are Americans 50% to 70% Less Social Than They Used to Be?

Social isolation seems to be a growing problem, a study by DDB Needham suggests. Between 1975 and 1998, the share of Americans who gave or a...