Verizon has just come out with its Q4 results this morning, ending the fiscal year with yet another solid performance. According to the provider, total revenue reached $18.3 billion during the final quarter of 2011, up 13 percent from last year. Verizon saw a particularly notable spike in data revenue, which reached $6.3 billion, representing a 19.2 percent increase over the year, and nearly 42 percent of all revenue. The company also saw an increase in its subscriber base, adding 98,000 broadband customers in the span of a quarter, along with a net increase of 1.2 million postpaid subscribers. For the full year, total revenue finished at $70.2 billion, up 10.6 percent from Big Red’s 2010 figures. For more stats and breakdowns, check out the full PR after the break.
Verizon releases Q4 results, sees jump in revenue, broadband subscribers