Verizon Wireless' 3Q Performance
Wireless Delivers Industry-Leading Profitability, Strong Customer Growth
Verizon Wireless continued to lead the industry with the highest profit margins. In the third quarter 2009:
• Wireless retail (non-wholesale) gross customer additions were up 15.0 percent over the prior year. On a pro forma basis, retail gross customer additions decreased by 8.3 percent.
• Verizon Wireless had 89.0 million customers at the end of the quarter, an increase of 25.7 percent year over year, and 6.3 percent on a pro forma basis. Verizon Wireless is the largest wireless company in the U.S. in terms of total customers and revenues.
• The company also has the most retail customers of any U.S. wireless provider and conti...
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Verizon Wireless continued to lead the industry with the highest profit margins. In the third quarter 2009:
• Wireless retail (non-wholesale) gross customer additions were up 15.0 percent over the prior year. On a pro forma basis, retail gross customer additions decreased by 8.3 percent.
• Verizon Wireless had 89.0 million customers at the end of the quarter, an increase of 25.7 percent year over year, and 6.3 percent on a pro forma basis. Verizon Wireless is the largest wireless company in the U.S. in terms of total customers and revenues.
• The company also has the most retail customers of any U.S. wireless provider and conti...
(continues)
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