Verizon revenue drops as subscriber additions disappoint
Verizon Communications Inc added far fewer wireless subscribers than expected in the third quarter amid a price war with rivals in an oversaturated phone market, and hopes to tap new revenue from its fledgling digital advertising and media business. The company, whose $4.83 billion deal to buy Yahoo Inc's core business was shaken by a massive data breach at the latter, said on Thursday total operating revenue fell 6.7 percent to $30.94 billion, from $33.16 billion. Analysts had expected re
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