More on Verizon's (VZ) Q2: Wireless service revenues rise 8.3% Y/Y (total wireless revenues of...

|About: Verizon Communications (VZ)|By:, SA News Editor

More on Verizon's (VZ) Q2: Wireless service revenues rise 8.3% Y/Y (total wireless revenues of $20B) while wireless operating income margin comes in at 32.4%. There were 941K retail postpaid net additions (+6% Y/Y) during the period bringing total retail postpaid connections to 94.3M. Wireline consumer revenues climb 4.7% and FiOS revenues jump 14.7% ($2.7B) from the same period last year. Total operating income was up 16% in Q2 and consolidated operating income margin comes in at 22%, up 220 basis points Y/Y. (PR)