Verizon Communications Inc

VZ: XNYS (USA)
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Verizon Earnings: Wireless Momentum Builds as SpaceX Maneuvering Continues

Verizon's revenue rose 1.5% in the third quarter but would have fallen about 3% adjusted for the Frontier acquisition. Lower phone sales drove most of the decline as the firm deemphasizes upgrades and subsidies. Core wireless and broadband revenue increased about 0.4%, also adjusted for Frontier.

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