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This is a sub-selection from Rate Hikes

FloridaBoy

join:2009-06-22
Bradenton, FL
reply to TrainBuff

Re: Rate Hikes

If I may ask, what was the profit on the wireline side?? It couldnt have been much with an overall decline in revenue on that side of their house.


TrainBuff
The New Haven Railroad
Premium
join:2003-05-01
Buffalo, NY
kudos:4
said by FloridaBoy:

If I may ask, what was the profit on the wireline side?? It couldnt have been much with an overall decline in revenue on that side of their house.

This was from the e-mail from Verizon.
Consolidated

64 cents in diluted earnings per share (EPS), compared with 57 cents per share in 2Q 2011 - a 12.3 percent increase.
$9.3 billion in cash flow from operating activities, up 20.1 percent compared with 2Q 2011, leading to $7.8 billion in free cash flow (non-GAAP) in 1H 2012, more than doubling free cash flow generated in 1H 2011.
Wireless

7.3 percent year-over-year increase in service revenues in 2Q 2012; 8.6 percent year-over-year increase in retail service revenues; data revenues up 18.5 percent year over year; 30.8 percent operating income margin and 49.0 percent segment EBITDA margin on service revenues (non-GAAP), both record highs.
1.2 million retail net customer additions, excluding acquisitions and adjustments, includes 888,000 retail postpaid net customers; low retail postpaid churn of 0.84 percent; 94.2 million total retail customers; 88.8 million total retail postpaid customers.
Wireline

2.5 percent year-over-year increase in consumer revenues, the highest in several years; ARPU (average revenue per user) now tops $100 a month, with 65 percent of consumer revenues generated by FiOS.
134,000 FiOS Internet and 120,000 FiOS Video net additions, with continued increased sales penetration for both products; 5.1 million total FiOS Internet and 4.5 million total FiOS Video customers.
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Train Yourself To Relax...Ride The New Haven Railroad! Weather or No...Go New Haven!
The New York, New Haven & Hartford Railroad Co.:1872-1968. Serving New York and the Great Industrial States of Massachusetts, Rhode Island and Connecticut