Verizon has just put out its Q4 and full-year earnings for 2012, and the top-line figure for the carrier is that it has reached the $30 billion operating revenue mark for the first time in the company’s history. This follows on from a strong performance in its newer, non-legacy lines of business, specifically Verizon Wireless and its FiOS TV and broadband services. But at the same time, the company reporte negative earnings per share of -$1.48, double the negative EPS of $0.71 this quarter last year, on the back of pension charges, debt retirement and “other restructuring items.” The company now has 9 8.2 million total wireless customers, 92.5 million of which are on higher-value postpaid connections. Verizon had already given the market a heads-up on its wireless growth in an SEC filing earlier in the month , in which it noted that a lot of the growth was fuelled by iPhone sales and activations.
The full story can be read/found on Verizon Reports Q4 Revenues Up 5.7% To Record $30B, But Negative EPS Of $1.48 On Pension And Other Charges