Monday, July 14, 2014

Verizon Sees Continued Strong Adoption of Smartphones and Tablets

Verizon Wireless continued to see strong smartphone additions, company-record tablet additions and net additions for handsets during Q2 2014.

Lowell McAdam told the Allen & Company conference in Sun Valley, Idaho that Verizon Wireless expects to report a net of more than 1.4 million retail postpaid additions in second-quarter 2014. McAdam said Verizon also continues to see Wireless margins consistent with the last several quarters, with second-quarter 2014 Wireline margin improving compared with first-quarter 2014.

Full results are expected on July 22.