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.
You might also like
Samsung and Cisco have inked a deal which should lead to more innovation across multiple fronts over the next decade or longer. Like the agreement between Google and Cisco from
Two months and eleven updates after hitting Android in beta form, TweetDeck has arrived in the Android Market. Thanks to more than 36,000 beta testers, the developers were able to deliver an incredible looking and feature rich client available to all!
If you have been wanting to try out the new music streaming service provided by Google, now is your chance. Google has now opened up invitations a bit so that additional users can