Verizon Q3: Data Revenue 36% Of Total Services

Posted: Oct 22 2010, 12:10pm CDT | by , Updated: Oct 22 2010, 7:41pm CDT, in News | Mobile Phones


Verizon Q3: Data Revenue 36% of Total Services
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

Data turns into a goldmine for Big Red

Good news from Big Red today. Their Q3 results were released today. Earnings per share are down slightly from Q3 of last year, but most of that is apparently due to some substantial one-time costs. LTE infrastructure will be finished by the end of 2013.

Verizon's revenue from data services has increased significantly, now totaling 35.7% of all service revenue. That is up 20% from Q3 of 2009. Cash flow from operations was $8.3 billion this quarter, and expense per customer was $26.88.

You May Like


The Author

<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at




Leave a Comment

Share this Story

Follow Us
Follow I4U News on Twitter
Follow I4U News on Facebook

You Also Like


Read the Latest from I4U News