The stable growth of wireless division of Verizon has helped it to earn big reasons for celebrations. The company has calculated its net earnings for the third quarter of this year and final assessment is capable of providing some great news. Apart from the growth in number of subscribers, the company has also calculated growth in enterprise services and vast extensions in its fiber-optics network.

As a result, the company has reported overall increase of 31% in its new income and 4.1% increase in number of sales. It is important to mention that Verizon Wireless is the second largest mobile service provider in United States. The credit for these achievements goes to the unrestricted investments made by the company in fields like broadband and wireless communication.

When compared with figures obtained by the company at the end of third quarter last year, there is 12.5% increase in revenue growth of the company. The number of subscribers has risen to 68.8 million and the number is expected to get better by the end of this year.

The growth of 3G network capabilities has played an important role in luring the interest of people subscribing to Verizon Wireless services. The enterprise-based services have also experienced the growth of 1.2 % from last year. In fact, the company has been exhibiting growth in this sector from the past eight years in a row. Apart from this, the customers using fiber-optic Internet connection of the company have also increased in number.

With such impressive growth figures, the company has all good reasons to earn great recognition in industry.

This entry was posted on Wednesday, October 29th, 2008 at 5:27 am and is filed under Verizon News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.