Verizon Earnings Up 15 Percent, Adds 1.4 Million Subscribers
Verizon today reported a 15 percent earnings increase for the fourth quarter, as the shrinking economy did little to dampen consumer appetites for wireless, Internet and TV service.
The No. 2 U.S. phone company earned $1.24 billion, up from $1.07 billion a year earlier.
Verizon Wireless added 1.4 million subscribers in the quarter, short of the 1.6 [...]