Verizon Wireless sees 1.7 million new subscribers in first quarter

04/30/2007 | · Bloomberg

Verizon Wireless ended the first quarter with 60.7 million customers, and it managed to slightly reduce its monthly churn from 1.14% in the previous quarter to 1.08%. Meanwhile, Verizon Communications' quarterly profit dipped to $1.5 billion, but wireless represented an area of growth, generating $10.3 billion in revenue.

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