Verizon Revenue Down on Sale of Assets
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Verizon Revenue Down on Sale of Assets
Verizon Communications on Friday reported revenue of US$ 26.5 billion for the third quarter of 2010, down 2.9 percent from a year earlier, with the drop largely due to a loss of revenue from sold operations.
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Record iPhone Activations Drive AT&T Subscriber Gains
AT&T told investors Thursday that the wireless carrier racked up a net gain of 2.6 million wireless subscribers in the third quarter to reach 92.8 million. The additions were driven by a record 5.2 million iPhone activations — 62 percent more than the 3.2 million iPhones that AT&T activated in the second quarter.
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