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Verizon Wireless Reports 2Q Growth numbers
Posted: 22-Jul-2008 [Source: Verizon Wireless]

[Verizon Wireless has announced 2Q '08 growth of 1.5 million net customer additions.]

Basking Ridge, NJ -- Verizon Wireless today announced second-quarter 2008 net customer additions of 1.5 million. At the end of the quarter the company had 68.7 million customers, including 66.7 million retail customers, which are those it directly serves and manages and who choose the Verizon Wireless brand. More customers use the Verizon Wireless brand than any other wireless brand in the U.S.

Verizon Wireless has the most reliable coast-to-coast wireless voice and data network, and the largest 3G wireless broadband network – key in attracting new customers and earning the loyalty of existing customers. The company consistently has had the highest loyalty level in the industry, as measured by the rate of customer churn.

Further details about Verizon Wireless’ financial and operational results for the quarter will be reported when Verizon Communications announces its consolidated quarterly results on July 28. Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone Group plc (NYSE and LSE: VOD), which earlier today reported key performance indicators that included its proportionate share of Verizon Wireless net customer additions.

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