Verizon (NYSE:
VZReuters. 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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