Verizon Wireless Q3 2005

Oct 27 2005 - 12:24 PM ET | Verizon Wireless

Verizon announced Q3 numbers today and they look rosey thanks to increased profits from the wireless division. The key figures include:

  • Revenue of $8.4 billion, up 14.2%
  • 1.9 million net customer additions, up 14.6%; 49.3 million total customers
  • Churn (customer turnover) of 1.3%
  • ARPU of $50.13, up 2.8%
  • Data sevices made up 8.4% of revenues