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Verizon Communications has exceeded analysts' forecasts with its fourth quarter results, which were released today.
By Mark Graham
Published: 2 February 2001 09:42 GMT
Although the company suffered from declining long distance revenue, it saw much stronger growth in high-speed digital and wireless services.
Verizon, which was created through the merger of Bell Atlantic and GTE Corp, reported profits of $2.1bn, or 77cents a share. Last year the US number one local phone service carrier, showed earnings of $2.1bn, or 75 cents a share.
Ivan Seidenberg, president and co-CEO of Verizon, said: "As our results indicate, our investments in new services are starting to deliver significant revenue growth."
Revenue totaled $16.9bn, up from $15.3bn a year earlier.
You will be working for a top 3 Global Pharma, with profits of $29.5 billion in 2007 and therefore give ideas and contribute to their incredible ...
You will be working for a top 3 Global Pharma, with profits of $29.5 billion in 2007 and therefore give ideas and contribute to their incredible ...
The company is based in a modern building, which is walking distance from the town centre of Melton Mowbray. Please note that as the role is based in ...
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