Verizon added 357,000 wireless postpaid consumer connections in the fourth quarter and another 346,000 for business as the company’s results were better than expected.
The wireless giant reported fourth quarter earnings of $1.11 a share on revenue of $34.7 billion, down 0.2% from a year ago. Non-GAAP earnings were $1.21 a share.
Wall Street was looking for non-GAAP fourth quarter earnings of $1.17 a share on revenue of $34.43 billion.