Verizon Q4 2007 Earnings
Verizon 2007 Revenue Tops $93.5B
Telecom heavyweight Verizon Communications reported its 2007 year-end and fourth quarter earnings this morning. The company's 2007 revenues were $93.5 billion, an increase of $5.3 billion over 2006. As usual, the firm's wireless unit helped the company meet its fourth quarter and year-end expectations with its robust growth.
Fierce reporters have broken down the company's fourth quarter results and what they mean to each market segment: wireless, mobile content, IPTV and telecom.
Here are the stories:
Verizon joins AT&T in pay-TV subscriber growth, adds 192,000 FiOS TV customers in 1Q
Verizon's (NYSE: VZ) FiOS TV service added 192,000 subscribers in the first quarter, accelerating a trend that has pushed the telco's video offering to more than 3.7 million users. A year ago, the Read more >>
Verizon sees FiOS TV subs grow, revenue drop, and waits for Apple's iPhone to ring in
Verizon Communications (NYSE:VZ) reported earnings slightly below analyst expectations today, but had some good news as well: subscriptions to its FiOS TV service continued to grow, as did wireless Read more >>
Verizon posts 263K TV customer boost
Verizon Communications this week reported a 9.8% increase in profit for the first quarter of 2008. Verizon said net income totaled $1.64 billion, with revenue rising about 5.5%. Much of the growth Read more >>
Can Verizon defy gravity?
Call me a skeptic but I just don't believe Verizon has dodged the slowing economy. A company that takes in nearly $100 billion in revenue from mostly the U.S.--bigger than the vast majority of world Read more >>
Will FiOS be the first victim of a recession?
Verizon's aggressive FiOS roll out could definitely be one of the items COO and President Denny Strigl has to review if his sunny optimism about 2008 proves mis-founded. Verizon was celebrating Read more >>
FiOS TV breaks through one million user mark
Verizon has announced its optic fiber television service now has more than one million customers and is expecting to continue the aggressive roll out with over nine million homes to be passed by end Read more >>
Verizon data revenues increase 65% in 2007
Verizon Communications reported its fourth-quarter profits grew 3.9 percent, thanks in part to the addition of 2 million new wireless customers. Verizon's Q4 net income climbed to $1.07 billion from Read more >>
Verizon Wireless adds 2M customers
Verizon Wireless reported a strong fourth quarter 2007 with 2 million net customer additions, bringing its total subscriber base to 65.7 million. Of those, 63.7 million are retail customers. On the Read more >>
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