Verizon 1st-qtr profit, revenue beat expectations (AP)

April 28th, 2009 · No Comments

FILE - In this July 28, 2008 file photo, a cell phone user passes a Verizon store in New York. Verizon Communications Inc. on Monday, April 27, 2009, reported earnings grew 5 percent in the first-quarter as more consumers signed up for its wireless, Internet and TV services, despite the recession.(AP Photo/Mark Lennihan, file)AP – Verizon Communications Inc. said Monday its earnings grew 5 percent in the first quarter, boosted by its acquisition of Alltel Corp. and strong demand for its wireless, Internet and TV services.

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