Verizon posts higher Q3 revenue


Reuters: The largest U.S. wireless carrier added 1.5 million postpaid subscribers, or those who pay for service after use.

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Reuters: The largest U.S. wireless carrier added 1.5 million postpaid subscribers, or those who pay for service after use.

Subscribers are connecting to more than just phones, plugging in tablets, vehicle consoles and other devices to Verizon’s network. In fact, postpaid customers connected nearly three devices per account, an increase of 3.7 percent

“It is not just about a smartphone customer, it is about how we build a base of revenue,” Fran Shammo, the chief financial officer, told investors.

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