Verizon Q4 and 2012 earnings: great growth all around

Verizon Q4 and 2012 earnings: great growth all around

Yesterday, Verizon released their Q4 earnings, and total 2012 earnings. The growth seen on their front is terrific, as follows for Q4:

  • 2.2 million net customer additions in the quarter, highest in company history
  • $20 billion in revenue ($16.4 bn being service revenues) for Q4, up 9.5-percent year-over-year
  • Postpaid ARPA (Average Revenue Per Account) grew 6.6-percent y-o-y to $146.80/month
  • Retail postpaid churn rate of 0.95-percent, up 1 basis point year-over-year

But, let’s not forget the full 2012 report, which looked like this:

  • 5 million net customer additions for the year, the highest in four years
  • $75.9 billion in revenue ($63.7 bn being service revenues) for 2012, up 8.1-percent year-over-year
  • Ended the year with 98.2 million retail connections (92.5 mm postpaid), up 6.6-percent year-over-year
  • Those customers are dispersed over 35.1 million accounts, up 4.3-percent year-over-year

Verizon has also stated that their massive LTE network is now covering about 89% of the US population, clocking in at 276 million people in about 476 different markets. Be sure to check out the source link for the full details.

via verizon

About author

AndroidGuys
AndroidGuys 4639 posts

Founded on November 5, 2007, we've enjoyed bringing you the latest in Android news and rumors. Updated daily, we strive to deliver reviews, opinions, and updates on all things related to Android.

You might also like

News and Rumors

The state of wireless charging: Interview with Randy Marx, fliCharge CEO

A few weeks ago I had the opportunity to review a Qi wireless charger from WoodPuck.  The WoodPuck was a beautiful piece of hardware, but I had some issues with

News and Rumors

HP announces Tegra 4-powered SlateBook x2 for August

It’s called a “PC” but it certainly doesn’t run any Windows…only Android 4.2 Jelly Bean.

News and Rumors

T-Mobile loses half million post-paid subscribers in Q3

T-Mobile USA nearly one half million (492,000) contracted customers during the third quarter of 2012, so says the carrier today.  The nation’s fourth largest wireless provider released its quarterly earnings

22 Comments

Leave a Reply