Verizon Had A Pretty Good Q1
You know for a wireless company whose network technology largely unused outside of the U.S. with a subscriber base comprised only of sheep, zealots and peons suffering from FUD generated by the anti-consumer machine who have been fooled into believing that their network is superior to everyone else’s (inside joke), Verizon had a pretty good quarter.
Verizon reported net income today of $1.64 billion, 57 cents a share for Q1 08 compared to Q1 07’s $1.5 billion, 51 cents a share. Total revenue is up 5.5% coming in at $23.83 billion. Even though new-subscriber growth was lower by 12%, 1.3 million of the 1.5 million new Verizon subscribers signed up to long term contracts which was almost twice that of AT&T and that includes AT&T iPhone subscribers.
At the end of the day, I doubt most mobile phone users care or possibly even know what network technology their phone uses. A lot, however, can be said for the strength, perceived or actual, of your network.
Written by Robb Dunewood on April 28th, 2008 with
9 comments.
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Ben P
JoAnn
Roger
bluehorseshoe
JohnnyHeff
Annoyed with annoyed & curvee
#1. April 28th, 2008, at 4:33 PM.
Robb you made my day with that.
I, for one, do care how my network is doing financially and am happy to see it is doing well.