Financial Times FT.com

Wireless technology growth boosts Verizon

By Jonathan Birchall and Andrew Edgecliffe-Johnson in New York

Published: October 26 2009 19:14 | Last updated: October 26 2009 19:14

More evidence of the readiness of US consumers to defy the recession to acquire the latest wireless phone technology was provided on Monday by Verizon Wireless and RadioShack.

Verizon Wireless – the largest US mobile phone carrier company that is 55 per cent owned by Verizon Communications and 45 per cent by Vodafonereported that it added 1.2m net new customers during the third quarter, even as it faced intense competition from AT&T’s exclusive carrier alliance with Apple’s iPhone.

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