Verizon's Q3 net buoyed by wireless

10/30/2006 | TheStreet.com

Verizon Communications reported a $1.8 billion net profit for the third quarter, up from $1.79 billion a year ago. Revenue rose to $23.25 billion from $18.49 billion on the strength of the telecom's wireless and broadband businesses. Verizon Wireless added 1.9 million customers during the quarter and posted an 18% gain in revenue.

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