Verizon Communications Disappoints Slightly (VZ)

Verizon (NYSE:
VZ
Reuters
. Verizon attributed strong sales to its new smartphones and Google's Android operating system, stating that almost 75% of new subscribers bought smartphones. Another telecommunications giant, AT&T (NYSE:
ATT
), is set to report earnings on Thursday. Shares of Verizon were at $34.92 at the time of publication, down 1% from Monday's market close.
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