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VOL. 35 | NO. 15 | Friday, April 15, 2011




Verizon rakes in subscribers with help of iPhone

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NEW YORK (AP) — Helped by the iPhone, Verizon Wireless is pulling in more high-paying subscribers than it has in a year, and 15 times more than rival AT&T.

Verizon Communications Inc. on Thursday said it added 906,000 wireless subscribers on contract-based plans in the January to March period, more than double the number of a year ago.

Verizon Wireless started selling the iPhone on Feb. 10, ending AT&T's exclusive grip on the device in the U.S.

Verizon says its net income climbed to $1.44 billion, or 51 cents per share, in the three months ended March 31. That's up from $443 million, or 16 cents per share, a year ago, when results were weighed down by a one-time charge.

It says revenue edged up 0.3 percent to $26.99 billion.

Both adjusted earnings and revenue slightly exceeded analyst expectations.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0