Verizon posts subscriber, earnings growth

By @ibtimes on

Verizon Communications Inc posted strong first quarter growth in wireless subscribers helped by sales of the Apple Inc iPhone.

Verizon earnings rose to $1.44 billion, or 51 cents per share from $443 million, or 16 cents per share in the same quarter a year before. Revenue rose to $26.99 billion from $26.91 billion in the year ago quarter.

(Reporting by Sinead Carew; editing by Derek Caney)

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