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View Full Version : Verizon Wireless Reports 23% Rise in 3rd Quarter Revenue


Mike Temporale
10-29-2004, 03:30 PM
<div class='os_post_top_link'><a href='http://story.news.yahoo.com/news?tmpl=story2&u=/ap/20041028/ap_on_bi_ge/earns_verizon' target='_blank'>http://story.news.yahoo.com/news?tmpl=story2&u=/ap/20041028/ap_on_bi_ge/earns_verizon</a><br /><br /></div><i>"Verizon Wireless added 1.7 million new subscribers in another powerful quarter that narrowed the lead of a newly enlarged Cingular Wireless, helping boost parent Verizon Communications Inc. to a $1.8 billion profit. ...Verizon Wireless, which is 45 percent owned by Vodafone PLC of Britain, accounted for 40 percent of the revenue total with sales of $7.3 billion, up 23 percent from last year's third-quarter tally of $5.9 billion."</i>