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 posts Q1 profit, revenue increases
Verizon Communications continues to produce financial results that contradict the notion that the economic recession is affecting telecom. The telco reported first-quarter earnings that included a Read more >>
Verizon Business details its third quarter
On the day after parent Verizon posted its third quarter numbers, Verizon Business is providing details on how it put $5.4 billion into the bigger financial picture. Focused on large business and Read more >>
Verizon profit surges 31 percent
On a day in which its news may be overshadowed by the report of two smaller telcos merging, telco giant Verizon Communications reported third quarter earnings that included a 31 percent hike in net Read more >>
Seidenberg optimistic about telecom, wants to fix Knicks
Verizon Communications will not report third quarter earnings until Oct. 27, but Verizon CEO Ivan Seidenberg, speaking at the Dow Jones-Nielsen Money and Media Conference this week, took an Read more >>
Verizon net income up 12% on wireless, FiOS
Wireless and FiOS broadband efforts again proved to be the growth engines for Verizon Communications, as the telco posted second quarter earnings marked by a 12 percent boost in profit over last Read more >>
Verizon says it'll raise FiOS prices again
Verizon's FiOS users can expect to pay a little more, the company said during its earnings call yesterday. FiOS broadband has seen steady 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 >>
Verizon Q1 profit rises, TV subs up 263,000
Is the tel-economic freak out over already? While 2007 ended with uncertain financial outlooks by carriers, 2008 has started quite well for the two biggest U.S. telcos. Last week, AT&T reported Read more >>
Retirees: Separate Verizon chairman, CEO jobs
A proxy group for Verizon Communications retirees called the Association of BellTel Retirees is planning to propose at the company's annual shareholder meeting on May 1 that Verizon's chairman and Read more >>
Seidenberg sees no ill economic effects
Verizon Communications CEO Ivan Seidenberg took a moment at Verizon Wireless' Open Development Conference yesterday to comment on the effect of general economic instability on Verizon's wireline and Read more >>
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