Verizon is smacking customers across the face wtih higher bills. New "UNFEES" like a REGULATORY RECOVERY FEE are making the rounds at Verizon. When you do this, your pissing customers off and forcing them to drop triple play packages which will have $15 in taxes & fees plus a $5-25 set-top rentals.
These numbers are a loss due to paying upfront on a block of iphone subidies. Apple gets money upfront for a certain number of customers whether Verizon signs them up or not. That's what accounts for a large chunk of this quarterly loss. The take-away.. BUY APPLE STOCK, DUMP VERIZON STOCK (3 months ago)!
Yep, just noticed a jump in the "Administrative Fee" as of this month's invoice. If there is one thing Verizon et. al. (looking at you 'T') does with reliability it's make money. Claims of any other financial outcome are pure bullshit.