Tuesday, July 26, 2016

Verizon took $30 billion in revenue, added 615,000 postpaid additions in Q2 2016

Verzion has published the U.S. carrier's results for Q2 2016, noting total revenues of $30.5 billion for the quarter. The company also recently finalized its acquisition of Yahoo, which will sit comfortably alongside AOL. Operating income for Q2 was $4.6 billion and the carrier announced 615,000 new postpaid net additions. Verizon now has 113 million retail connections, up just over 3% from last year.



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