Verizon announced its Q2 results yesterday and it was rather impressive. Verizon Wireless added on 1.5 million new subscribers and a 45.3% increase in data revenue, bringing the totals up to 68.7 million subscribers and $2.6 billion, respectively.
It seems Verizon is pleasing its subscriber base as well, with a churn rate of only 1.12%. Not too shabby.
And you want to know something interesting? An estimated 780 million text messages are sent per day on the Verizon Wireless network. People’s thumbs certainly are busy! So Verizon is sailing right along for the moment, though we’ll have to see if they can sustain this sort of growth once the next quarter’s results are released.
[via MobileBurn]
Allison1988
on August 24 2008
I like reading posts related to it like NEW GADGET » Blog Archive » Q2 Results for Verizon and what people think. I will keep an eye on the information you will add and see what you come up with. thank you