Monday, July 30, 2007

UPDATE 3-Verizon quarterly net rises but margins disappoint

(Reuters) - NEW YORK, July 30 - Verizon Communications Inc. said on Monday its second-quarter profit rose, helped by growth in wireless and high-speed Internet subscribers.



The No. 2 U.S. phone company said net profit rose 4.5 percent to $1.68 billion, or 58 cents per share, from $1.61 billion, or 55 cents per share, a year earlier.


Read more at Reuters.com Mergers News

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