Verizon Talks Up M2M, Video Amid Slowing Growth

By | October 21, 2014

Scalper1 News

Wireless revenue growth has slowed at Verizon Communications, but its CFO says mobile video and M2M services will provide long-term upside once ongoing promotional battles lose steam. Fran Shammo, Verizon’s (VZ) CFO, disclosed the wireless firm’s machine-to-machine (M2M) revenue for the first time on its Q3 earnings conference call Tuesday, aiming to deflect analysts’ concern over slowing service revenue growth. Verizon’s wireless service revenue Scalper1 News

Scalper1 News