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Verizon Posts Higher Revenue As Consumers Use More Data


Ron Burgundy
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The Verizon building in New YorkBy Marina Lopes WASHINGTON (Reuters) - Verizon Communications Inc's quarterly revenue rose 4.3 percent, matching forecasts, as price cuts attracted more customers and growing mobile video traffic boosted data usage. Subscribers' tendency to use more than one device, plugging in tablets and vehicle consoles to its network, also bolstered results. Postpaid customers connected nearly three devices per account, an increase of 3.7 percent. Verizon, the largest U.S. wireless carrier, added 1. ...




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