Verizon reports rise in revenue for strategic services

04/22/2013 | MSP Mentor

Strategic services, which include managed services, account for more than half of worldwide enterprise revenue at Verizon Communications and rose 6% in the first quarter to $2.1 billion. "In the enterprise market, we continue to work through economic challenges," Verizon's Fran Shammo recently told analysts. "We still see cautious behavior on the part of many enterprise customers in terms of new contracts and investment decisions."

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