Tuesday, July 19, 2011

Verizon to dominate Q2 wireless growth

Verizon Wireless is expected to far outstrip its biggest rivals AT&T Inc and Sprint Nextel in subscriber growth for its first full quarter selling the Apple Inc iPhone. That's the other contributing element related to Apple's record third quarter results.

Verizon Wireless is expected to add about 930,000 net subscribers in its second-quarter results to be issued July 22, according to the average of estimates from seven analysts contacted by Reuters.

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