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Last Verified On: 05/14/2012

Verizon Communications Inc. reported a 30 percent drop in third-quarter earnings Monday as it couldn’t sign up enough new subscribers to offset higher costs from laying off workers and absorbing an acquisition. The nation’s second-largest phone company is putting more emphasis on cell phones and its fiber-optic FiOS TV and Internet service.

Originally posted here:
Business briefs (Fort Wayne News-Sentinel)

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Last Verified On: 05/14/2012

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Related Posts

  1. Verizon to boost cellular network (Fort Wayne Journal Gazette)
  2. Is Verizon Ditching their Land-line Business?
  3. Verizon Flexes Quads (MultiChannel News)
  4. Verizon adds six antennas in Saratoga (Saratoga News)
  5. Verizon profit falls as new subscribers are not enough to offset higher costs (Canadian Business)
  6. FiOS TV Scores With New England Patriots’ VOD (MultiChannel News)

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Last Verified On: 05/14/2012

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Last Verified On: 05/14/2012