Verizon Posts Strong Quarter

Things are still looking up for Verizon. Aside from growth in fiber-optic TV and broadband sales, Verizon also posted strong results in its wireless division, Silicon Alley Insider reports.

The big news: Verizon Wireless added 1.5 million net new subscribers before acquisitions. “Not bad, compared to larger rival AT&T, which grew by 1.7 million net new retail, postpaid subscribers, despite having exclusive access to Apple’s iPhone,” the report said. The words “retail, postpaid subscribers” are key, since they typically sign long-term contracts and pay monthly bills, according to the report.

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