Half of Verizon customers now use smartphones
The carrier revenue rose to $18.6 billion on a solid income margin of 30.8%. This is a 7.4% revenue growth over the second quarter of 2011.
Overall, it’s all good news for the first US carrier to massively deploy a 4G LTE network - churn has declined to 0.84%, the lowest in four years.
Verizon Wireless has previously said it will only offer 4G smartphones this year, and its network has definitely got the capacity and scale for that. Currently, Big Red covers 230 million people in 337 markets in the United States.
source: Verizon Wireless