Verizon full year 2016 revenues with 4,3% decline
Total consolidated operating revenues in fourth-quarter 2016 were $32.3 billion, a 5.6 percent decrease compared with fourth-quarter 2015. Full-year 2016 revenues were nearly $126.0 billion, a 4.3 percent decline.
During 2016, Verizon invested in its networks with $17.1 billion in capital expenditures, completed wireline divestitures of three markets, negotiated new labor contracts, executed successful technical trials of 5G wireless service and expanded its new growth businesses.
In these new markets the digital media business, led by AOL, generated $532 million in revenues net of traffic acquisition costs (non-GAAP) in fourth-quarter 2016. This declined about 5 percent year-over-year due to a revenue lift in fourth-quarter 2015 related to AOL’s Microsoft deal, but increased around 10 percent compared with third-quarter 2016.
IoT (Internet of Things) revenues, led by telematics, increased 21 percent on a comparable basis to fourth-quarter 2015, to $243 million. Verizon expects to sustain this trend in strong IoT revenue growth. Including acquisitions, IoT revenues increased more than 60 percent in fourth-quarter 2016.
Verizon Wireless highlights;
- Verizon reported 591,000 retail postpaid net additions in fourth-quarter 2016. These net additions exclude wholesale device and wholesale IoT connections. At year-end 2016, Verizon had 114.2 million retail connections, a 1.9 percent year-over-year increase. Verizon’s industry-leading retail postpaid connections base grew 2.1 percent to 108.8 million, and retail prepaid connections totaled 5.4 million. Full-year postpaid net additions of 2.3 million included 1.8 million 4G smartphones and 1.4 million 4G tablets, offset primarily by declines in basic phones and 3G smartphones.
- Total revenues were $23.4 billion in fourth-quarter 2016, a decline of 1.5 percent compared with fourth-quarter 2015, as more customers continued to choose unsubsidized device payment plans. For the full year, revenues totaled $89.2 billion, a decline of 2.7 percent. Service revenues plus device payment plan billings increased 1.7 percent in fourth-quarter 2016, compared with fourth-quarter 2015.
- The 591,000 retail postpaid net additions in fourth-quarter 2016 included 552,000 4G LTE smartphones. With declines in basic and 3G phones, net phone additions were 167,000 in fourth-quarter 2016, compared to a net decrease of 36,000 in third-quarter 2016. Tablet net additions totaled 196,000 in fourth-quarter 2016.
- In fourth-quarter 2016, overall traffic on LTE increased by approximately 49 percent compared with fourth-quarter 2015, while Verizon extended its lead in the industry’s third-party network performance studies across the country.
Wireline highlights:
- Total wireline revenues decreased 3.1 percent, to $7.8 billion, comparing fourth-quarter 2016 with fourth-quarter 2015. Retail consumer revenues grew 0.2 percent, to $3.2 billion, supported by consumer Fios revenue growth.
- Total Fios revenues grew 4.4 percent, to $2.9 billion, comparing fourth-quarter 2016 with fourth-quarter 2015. Full-year Fios revenues were $11.2 billion in 2016, a 4.6 percent increase compared with 2015.
- In fourth-quarter 2016, Verizon added a net of 68,000 Fios Internet connections and 21,000 Fios Video connections. Customer demand for Custom TV continues to remain strong. At year-end, Verizon had 5.7 million Fios Internet connections and 4.7 million Fios Video connections.
Pingback: rc489xtmji89sm9r4xs
Pingback: Title
Pingback: d8xc45m78oe35rm739
Pingback: asdfsdfxcvxxasa
Pingback: Face Mask Pack
Pingback: Christmas Jewelry
Pingback: OnlyFans account
Pingback: whats better taboola or outbrain
Pingback: https://royalcbd.com/product/cbd-cream/
Pingback: dg casino
Pingback: 메리트카지노 주소
Pingback: https://disavowbacklink.s3-ap-southeast-1.amazonaws.com/docung/disavow-28.html
Pingback: 메리트카지노 사이트
Pingback: insulation definition
Pingback: about canada
Pingback: men's sunglasses
Pingback: silencil
Pingback: xe88 free credit
Pingback: Revenge porn
Pingback: vitamins
Pingback: www.bbdcinema.com
Pingback: mcu characters
Pingback: private detectives agency in spain
Pingback: canada pharmacy
Pingback: canada vs usa
Pingback: handyman near me
Pingback: Aaron Lal
Pingback: my mega888 daily game tips
Pingback: my mega888 customer service
Pingback: 613 lace wig
Pingback: wax doll
Pingback: 34cr4rxq3crq34rq3r4
Pingback: evo888 id test
Pingback: twitter login registration
Pingback: 텍사스홀덤
Pingback: play'n go
Pingback: permainan slot
Pingback: svg files
Pingback: www.vvip96.net/rollex-casino/
Pingback: quotes about life
Pingback: French Presses
Pingback: cbd oil
Pingback: best cbd oil for dogs
Pingback: best cbd oil for anxiety
Pingback: cty capath
Pingback: alexandrite rings white gold
Pingback: cbd dog treats
Pingback: best cbd oil for dogs
Pingback: cbd gummies for sleep
Pingback: online gambling malaysia
Pingback: Geruson
Pingback: ZTE 5G
Pingback: 강남안마
Pingback: Cipsia
Pingback: Hot flash relief
Pingback: kratom capsules
Pingback: kratom powder
Pingback: cybersécurité et cybercriminalité
Pingback: vitrier paris
Pingback: www.parkerslegacy.com
Pingback: Aaron Lal
Pingback: 吸游戏
Pingback: here
Pingback: skull ring silver
Pingback: ブランド割引
Pingback: 온라인홀덤
Pingback: taxi to brighton
Pingback: prepping
Pingback: 코인카지노
Pingback: WerdenBank.com
Pingback: sell_traffic
Pingback: delta 8 THC near me
Pingback: Escort Directory
Pingback: Киевское агентство недвижимости
Pingback: Depression quotes
Pingback: มวย
Pingback: read here
Pingback: read here
Pingback: Cialis
Pingback: https://onlymp3.net/
Pingback: superslot amb
Pingback: selling credit card processing
Pingback: how to start a merchant services company
Pingback: become a registered iso
Pingback: bestuurbare auto
Pingback: merchant services sales
Pingback: W88
Pingback: merchant referral program
Pingback: computer disposal
Pingback: Gold Dumbbell Pendant
Pingback: free computer disposal
Pingback: ودل بلس
Pingback: sattamatka
Pingback: bitcoin multiply
Pingback: فيب القصيم
Pingback: Cialis cena
Pingback: Personal Training
Pingback: hitet e reja shqip
Pingback: fb88
Pingback: brendon shanil
Pingback: Food License
Pingback: oranum
Pingback: disposal centers computers
Pingback: recycling old pc
Pingback: best delta 8
Pingback: best delta 8 thc gummies
Pingback: linkbong88
Pingback: club w88
Pingback: thùng carton
Pingback: best cbd gummies for anxiety
Pingback: exness
Pingback: bachelor's degree
Pingback: trusted online casino malaysia
Pingback: buy weed online
Pingback: dispensary near me
Pingback: delonghi magnifica
Pingback: healthy food near me
Pingback: what's the cure for mesothelioma
Pingback: Michael Wisniewski CT
Pingback: airport eagles privacy policy
Pingback: Alprazolam Powder
Pingback: Raag Consultants
Pingback: جلسرين الاصلي
Pingback: Do love spells work
Pingback: Adventure
Pingback: https://beegix.com/tags/bel-ami
Pingback: Portrættegning
Pingback: https://ad.beegix.com/search/foda
Pingback: Great Dane Puppies for sale in Wyoming
Pingback: best adjustable mattress
Pingback: карты деньги гоблинский перевод
Pingback: bk8vn
Pingback: fun88.com
Pingback: ty le keo
Pingback: norton360 10pc
Pingback: jbojbo esport
Pingback: sbotop mobi
Pingback: Aligarh Aligarh Uttar Pradesh 202001
Pingback: His Secret Obsession Hero Instinct PDF
Pingback: How can I get pharmacy in Canada?
Pingback: alternative to ebay
Pingback: m88cvf.com
Pingback: Pat Mesiti
Pingback: Quiz
Pingback: San Antonio excavation contractors
Pingback: places like craigslist
Pingback: buy cheapest vps
Pingback: tomica i prijatelji igračke
Pingback: best seo services
Pingback: Cryptocurrency
Pingback: casino
Pingback: bimbim cams
Pingback: Eclipse c++
Pingback: 파워볼사이트
Pingback: SCN Number
Pingback: 5.7x28m ammo for sale
Pingback: computer recycling
Pingback: Program antywirusowy
Pingback: human resources assistance
Pingback: missing persons investigations
Pingback: this Albanian is a fag
Pingback: condonlotto.com
Pingback: สมัครสล็อต
Pingback: spbo macau live score
Pingback: https://chinaherald.net/find-a-safe-place-for-your-sultry-sex-dolls
Pingback: czytaj
Pingback: panda boyama
Pingback: czy można zwrócić okulary kupione u optyka
Pingback: is selling credit card processing a good job
Pingback: workplace investigations
Pingback: high risk merchant service providers
Pingback: missing persons specialists
Pingback: bitcoin payment gateway
Pingback: refund policy
Pingback: nowoczesne halogeny
Pingback: ซื้อหวยออนไลน์
Pingback: ซื้อหวยออนไลน์
Pingback: hr investigation questions for accused
Pingback: Corporate investigator
Pingback: burlington wedding photographer
Pingback: GTE-Tech-Predictions
Pingback: NAV là gì
Pingback: 스웨디시마사지
Pingback: https://robloxsongidcodes.com/|https://robloxsongidcodes.com|http://robloxsongidcodes.com/|www.robloxsongidcodes.com|robloxsongidcodes.com|roblox song id codes|roblox music codes|roblox song ids|roblox song codes|roblox music id codes|roblox id|roblox mus
Pingback: womply PPP
Pingback: painting company austin tx
Pingback: slot joker
Pingback: Bay Area fence companies
Pingback: Get the facts
Pingback: Shop License Kesabpur
Pingback: Source
Pingback: how much is my home worth
Pingback: Premium Sexpuppen
Pingback: mp3juice
Pingback: 폰테크
Pingback: Lux Decor Peoria Furniture Store
Pingback: maid service dubai
Pingback: Essential Oil Vape Wholesale
Pingback: cleaning services dubai
Pingback: hop over to this website
Pingback: Concrete company San Jose
Pingback: Concrete companies near me
Pingback: myblogindia