Wireless Data Blasts Off, Verizon Says

Schachter, Ken
May 2008
Red Herring;5/29/2008, p2
Trade Publication
The article reports an increase in the wireless data revenue of Verizon Wireless, according to chief financial officer Doreen Toben. Toben said that wireless data revenues grew 65 percent in 2007, representing almost one-quarter of service revenues for Verizon Wireless. On an annualized basis, first quarter data revenue would reach almost $10 billion, putting Verizon only at the beginning of explosive growth. That growth has come without iconic hardware like the iPhone, which remains anchored to the network of rival AT&T Wireless.


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