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

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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.

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