- Nov 16, 2010
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Verizon posts Q4 2013 earnings, wireless revenues reach $21.1 billion
Verizon has today posted its earnings report for the fourth quarter of 2013, showing strong results for its wireless and wireline businesses. Focusing on the wireless side of the equation, Verizon enjoyed another strong quarter, continuing to add customers while increasing retail and service revenues. Here's a breakdown of some of the highlights ?
- Total wireless revenues of $21.1 billion
- Retail postpaid ARPA (average revenue per account) up 7.1 percent year-over-year to $157.21 per month
- Wireless operating income was 29.5 percent, up 5.5 percentage points year-over-year
- 1.7 million retail net additions, of which 1.6 million were postpaid