Now that the earnings season has officially wrapped, we thought we would check on how the major tier one U.S. wireline operators fared in Q4 2009. Today, we'll chronicle how the three largest RBOCs performed. Check out our wrap up of the tier one players' earnings reports.
Verizon's wireline business struggles continued to rear their ugly head in Q4 09. While wireless once again continued to thrive with the addition of 2.2 million mobile subscribers, Verizon's wireline revenues dropped 3.9 percent to $11.5 billion during the quarter.
Unlike its compatriot RBOC Verizon, AT&T did see some slowdowns in its wireline revenues of $16.2 billion declined 5.3 percent versus Q4 08, but they were the smallest decline it had seen in the past four quarters.
Qwest: Q4 09 revenue declined, but 2010 is looking up
Qwest's performance in Q4 09 illustrated the ongoing growing pains that all large service providers are facing in shedding their local telephone shell to become a provider of IP-based business and entertainment services.
--Current stock information