Verizon Profit Tops Estimates As It Adds More Subscribers

April 21, 2015 1:11 PM

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Verizon, the nation’s largest wireless carrier, said it topped first quarter profit estimates on Tuesday even as competitors have been increasingly aggressive in trying to steal away customers.

Overall, Verizon reported a profit of $4.34 billion, or $1.02 per share, down from $5.99 billion, or $1.15 per share, a year ago. Analysts had called for 95 cents per share.

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