Verizon Wireless said its total subscribers grew to 29.4 million ...
Verizon Wireless said its total subscribers grew to 29.4 million by year-end 2001, nearly 10% over 2000. In preliminary financial results released Mon., carrier said it added 715,000 net new customers in 4th quarter 2001. Carrier, which is joint…
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venture of Verizon and Vodafone, said total customer turnover (churn) dropped in 2001 to monthly average of 2.1%. Verizon Wireless invested $4 billion in national network last year, which it said resulted in 13% increase in cell site coverage, deployment of 2-way short- messaging service throughout its network and conversion of more than 20% of its network to 1XRTT version of CDMA. Carrier plans to release full financial results Thurs.