Verizon has posted its 2010 Q2 financial report and while the company reporting an overall revenue decline, not everything was a loss.
Verizon reported $26.8 billion in total operating revenue, .3% decline compared to this time last year. While the company may have experienced a decline in total operating revenue, the wireless revenue experienced a 3.4% increase.
Verizon ended the quarter with 92.1 million total customers (a 5% increase from last year) and 86.1 million retail customers (a 1.1% increase). That's still about 4 million behind AT&T's 90.1 million wireless subscribers, assuming the full 86.1 million are wireless customers.
As seen in AT&T's quarterly report, Verizon experienced a significant jump in wireless data revenues (23.4%) from last year. Data usage for the quarter is reported to reflect 180 billion text messages, 4.2 billion picture/video messages and 25 million music/video downloads. The data revenue jump makes the 4.2% service revenue increase pale in comparison. Yet another indicator how important data is to consumers?