Verizon Wireless expects double digit rev growth

Verizon Wireless said it expects double digit annual revenue growth for the next few years. Verizon CFO Doreen Toben made the comments during an investor call. Toben also reviewed some key financial metrics for the carrier: During 2007 data revenue increased 65 percent over the year before, while retail data ARPU climbed 44 percent. At the end of 2007, 55 percent of Verizon Wireless' retail base had broadband capable devices and there was a 146 percent increase in text messages.

For more on Verizon Wireless' expected growth:
- tune into the archived investors' webcast

Suggested Articles

Also this week, more than 40 teams met up in Los Angeles to demonstrate 5G use cases on AT&T’s 5G network, which reached speeds up to 1.8 Gbps.

Next month, BT Mobile is debuting a combined 5G mobile and home broadband unlimited plan called BT Halo.

Mississippi's decision to drop out of litigation opposing the T-Mobile/Sprint merger is unique, says one analyst.