0
General

Verizon wireless margin dips on higher hardware sales

Tuesday 21 October 2014 | 14:38 CET | News
Verizon reported another quarter of double-digit earnings growth in Q3, as it passed the milestone of over 100 million retail postpaid mobile connections. Earnings rose to USD 0.89 per share from USD 0.78 a year ago, driven by the buy-out of Vodafone's stake in Verizon Wireless. Operating revenues increased 4.3 percent year-on-year to USD 31.6 billion and were up 4.9 percent excluding divestments. The US operator maintained its outlook for around 4 percent revenue growth over the full year, but said the EBITDA margin will depend on the performance of the wireless activities in Q4. The

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Verizon / Verizon Wireless / Vodafone
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Verizon warns for mobile margin pressure in Q4

Published 09 Dec 2014 08:45 CET | United States
Verizon warned for pressure on its margins in the fourth quarter due a high level of promotional activity and customer phone ...

Verizon adds new Cantonese channels to FiOS TV

Published 14 Nov 2014 20:39 CET | United States
Verizon has announced that its FiOS TV service has added another option of international programming, with the addition of the ...

US mobile data service revenue tops USD 25 bln in Q3

Published 11 Nov 2014 15:14 CET | United States
US mobile data services revenues increased 7 percent in the third quarter and crossed the USD 25 billion mark for the first time, ...

Verizon Wireless opens new Destination Store in Chicago

Published 04 Nov 2014 22:45 CET | United States
Verizon Wireless has announced its newest Destination Store will open in Chicago on 840 North Michigan Avenue on 15 November. ...

Verizon introduces new FiOS Quantum Gateway Wi-Fi router

Published 03 Nov 2014 21:40 CET | United States
Verizon FiOS has introduced the new FiOS Quantum Gateway, capable of delivering wireless download speeds up to 800 Mbps. ...

Verizon offers more data, port-in credits for customers

Published 03 Nov 2014 15:57 CET | United States
Verizon Wireless has announced that beginning 1 November, customers who choose More Everything USD 80 or USD 100 plans will now ...

Verizon Wireless to pay USD 64.2 mln to settle lawsuit

Published 31 Oct 2014 14:06 CET | United States
Verizon Wireless has agreed to a USD 64.2 million settlement in a class action lawsuit that alleged the company billed phone ...

Verizon adds free year of Netflix to NY triple-play bundle

Published 28 Oct 2014 13:54 CET | United States
Verizon FiOS is offering a new promotion that places Netflix at the core of its triple-play service offering. Verizon's ...

Verizon revenue growth accelerates to 5.7% in Q2

Published 22 Jul 2014 13:37 CET | United States
Verizon saw its annual revenue growth accelerate to 5.7 percent in the second quarter, to USD 31.5 billion, helped by continued ...





Calendar   /   Industry Events

26 Mar Smart City Summit & Expo (SCSE) 2019
27 Mar ZTE FY results
27 Mar Secureworks fiscal Q4
27 Mar Partner Communications Q4 2018
27 Mar Ericsson AGM
27 Mar Call & Contact Centre Expo
27 Mar Report: Dutch Multiplay Market 2018-Q4
28 Mar Telekom Slovenije Q4 2018
28 Mar Bezeq Q4 2018
28 Mar Altice Europe Q4 2018
28 Mar United Internet Q4 2018
28 Mar 1&1 Drillisch Q4 2018
28 Mar Deutsche Telekom AGM
28 Mar Report: Telecom Business Market Insight 2018 Q4
29 Mar Tiscali FY 2018
29 Mar Tele Columbus Q4 2018
29 Mar BlackBerry fiscal Q4
29 Mar Telecom Italia AGM
02 Apr Gigabit Access 2019
02 Apr Swisscom AGM
03 Apr Elisa AGM
::: More Calendar Items