Verizon publishes strong report for Q4, adds 1.5 million new postpaid lines
U.S. carrier Verizon released the network's financial report for Q4, showing some solid performance and higher-than-expected earnings. The company brought in $34.25 billion in revenue, which is slightly higher than the previous quarter of $33.2 billion, and a further 1.5 million new postpaid customers were signed up.
Today's report ($1.32 in earnings per share) also shows a slight increase on last year's figures of $33.19 billion from the same quarter. The largest telecommunications company in the U.S. now boasts 112.1 million customers, but more specifically 106.5 million total postpaid connections. For the full year of 2015, Verizon totaled $131.6 billion in consolidated revenues, up 3.6 percent compared against 2014.
For more information, be sure to check out the official announcement linked below.