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Scott Moritz and Cornelius Rahn, Bloomberg

Verizon 3Q profitability rises on subscribers, data growth

Scott Moritz and Cornelius Rahn, Bloomberg
October 18, 2012
Verizon Communications Inc., the second-largest U.S. phone company, reported an increase in profitability at its wireless unit that topped analyst estimates as sales of smartphones boosted customers’ bills.

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