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Verizon posts first quarter numbers, gets bested by AT&T’s

Published by jos on April 23, 2010

Verizon may have nearly six million more wireless customers in total than its closest rival, AT&T — 92.8 million to 87.0 million, to be exact — but that doesn’t necessarily mean it’s got the healthiest financials, as evidenced by the Q1 ‘10 numbers posted this week by the two companies. AT&T came through yesterday with $2.5 billion in income that would’ve actually been $3.1 billion had it not been for a one-time charge related to employee healthcare; Verizon, meanwhile, clocked just $400 million on revenue of $26.9 billion after $962 million in various charges (including one related to — you guessed it — healthcare)

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Verizon posts first quarter numbers, gets bested by AT&T’s

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