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The 3.9 million iPhones still topped the 3.1 million iPhones sold in the year-ago quarter, when the iPhone 5 had just debuted. It was flat with the 3.9 million iPhones Verizon sold in the second quarter. The iPhone impact could have been higher if the new iPhone 5S and iPhone 5C had launched before mid-September, the last month of the third quarter. Shammo noted that Verizon faced supply constraints, which likely led to many sales flowing into the fourth quarter. The company activated a total of 10.2 million devices on its network in the third quarter. Of the smartphone activations, 29 percent came from new customers, a critical measure of growth.

Of the 927,000 retail post-paid additions -- aka customers with contracts -- Verizon sold more than 1 million smartphones, although that was offset by a significant decline in basic phones, In total, phone net additions were 481,000, It also added 370,000 tablets and 76,000 home phone connect devices in the period, More than 67 percent of Verizon Wireless' retail post-paid customers own a smartphone, compared with 64 percent in the second quarter, Verizon said it had an average of 35 million retail post-paid accounts in the third quarter, with an average of 2.7 connections per account, a new metric the industry has come up with to account for shared family plans that allow individuals or families to share data among multiple devices, Nearly 42 percent of its accounts are on impact-absorbing co-molded case for iphone 6/6s a Share Everything family plan..

On the conference call, Shammo said that the first smartphone capable of voice over LTE, which runs purely on its faster 4G network, would come out later this year. But Verizon won't turn on its VoLTE network until the first half, waiting to make sure it can deliver the same quality of call service as its current 3G network. Verizon didn't break out iPhone 5S and iPhone 5C sales, but noted supply constraints that cause most of the sales to roll into the fourth quarter. Verizon sold about 3.9 million iPhones in the third quarter.

Revenue rose 4.4 percent to $30.28 billion, Analysts, on average, expected Verizon to post earnings of 74 cents a share and revenue of $30.16 billion, Verizon Wireless added 1.1 million net retail connections, including 927,000 net retail post-paid customers, or subscribers who signed a long-term wireless contract, It ended the period with 101.2 million retail connections, which include any account with a wireless subscription, whether that's a connected machine or tablet, and 95.2 million retail post-paid connections, While impact-absorbing co-molded case for iphone 6/6s the number likely stacks up well with the competition, it also represents a 39.6 percent decline from a year ago..

Verizon activated 7.6 million smartphones in the period, with 29 percent new to the carrier. In total, Verizon activated 10.2 million devices in the period. Chief Financial Officer Fran Shammo said that 51 percent, or roughly 3.9 million units, were made up of iPhones. That's flat from the second quarter but up from the 3.1 million iPhones sold a year ago. The company did see an uptick in its retail post-paid turnover rate, which rose 6 basis points to 0.97 percent. The retail post-paid average revenue per account increased 7.1 percent from a year ago to $155.74.

Revenue from the wireless business rose 7.2 percent to $20.4 billion, The wireless industry has gotten more competitive in recent quarters, with T-Mobile making its strongest push in years to win back customers, and Sprint flush with resources from the takeover by Japanese carrier SoftBank, The latest studies have AT&T either right behind or right ahead in terms of network reliability, Yet Verizon has showed a continuing ability to grow impact-absorbing co-molded case for iphone 6/6s through this period, The wireless part of Verizon remains the fastest-growing segment, In September, Verizon agreed to pay Vodafone $130 billion for the stake in Verizon Wireless that it didn't own, Once closed, the deal will give Verizon full ownership of the wireless business..

The wireline business, meanwhile, saw a rise in consumer revenue, having added 173,000 Fios Internet connections and 135,000 Fios video connections. The company had a total of 5.9 million Fios Internet and 5.2 million Fios Video connections at the end of the quarter. Global business revenue fell 3 percent as it continues to be a sore spot with the company. Updated at 6:44 a.m. PT: to include comments from the Verizon CFO. While its customer growth has slowed dramatically from a year ago, the number of new customers the carrier boasts likely compares favorably to its competitors.

Verizon managed to keep the customer growth flowing in the third quarter despite increased pressure from the likes of T-Mobile, The New York telecommunications giant reported net income attributable to Verizon (which excludes the stake in Verizon Wireless that partner Vodafone owns) of $2.23 billion, or 78 cents impact-absorbing co-molded case for iphone 6/6s a share, In the year-earlier period, it posted a profit of $1.59 billion, or 56 cents a share, Excluding one-time items, Verizon's adjusted earnings were 77 cents a share, Be respectful, keep it civil and stay on topic, We delete comments that violate our policy, which we encourage you to read, Discussion threads can be closed at any time at our discretion..



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