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Verizon Internet Service To Continue Its Momentum In 2012

Verizon internet service reported record growth in 2011’s fourth quarter, thanks to a strong demand for strategic services, and wireless and FiOS accessibility, according to a press release on its web site. An 18.2 percent total return to the company’s shareholders was also reported for 2011. In its wireless sector, the company earned 13% more than the year before, with over 1 million internet connections made and 1.5 million retail customers. Smartphones increased to 44% of the company’s postpaid customer phone base, up 5% from 2011’s third quarter.  The Verizon wireless service was made available to over 200 million people in 195 markets in the United States, and it released six new 4G LTE devices in the last quarter of 2011. In addition, the company continued work on its network infrastructure to broaden its scope and capabilities.

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