Verizon's Fourth Quarter Results
Wireless
2.0 million total net customer additions, 1.9 million net retail customer additions; 65.7 million total customers, 63.7 million retail (non-wholesale) customers; 6.9 million retail net adds in 2007, the most of any carrier.
1.20 percent total churn, 0.94 percent retail post-paid churn -- industry-leading customer loyalty.
13.3 percent increase in total revenues; data revenues up 53.0 percent; service ARPU up for quarter and full year; highest-ever data ARPU in the quarter; 43.6 percent EBITDA margin on service revenues (non-GAAP).
Wireless Strength Continues for Quarter, Full Year
Verizon Wireless continues to be the most profitable domestic wireless company and the largest in terms of retail customers...
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2.0 million total net customer additions, 1.9 million net retail customer additions; 65.7 million total customers, 63.7 million retail (non-wholesale) customers; 6.9 million retail net adds in 2007, the most of any carrier.
1.20 percent total churn, 0.94 percent retail post-paid churn -- industry-leading customer loyalty.
13.3 percent increase in total revenues; data revenues up 53.0 percent; service ARPU up for quarter and full year; highest-ever data ARPU in the quarter; 43.6 percent EBITDA margin on service revenues (non-GAAP).
Wireless Strength Continues for Quarter, Full Year
Verizon Wireless continues to be the most profitable domestic wireless company and the largest in terms of retail customers...
(continues)
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