LYCOS RETRIEVER
Verizon Communications: Quarter
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Approximately 60 percent of Verizon residential customers have purchased local services in combination with either Verizon long-distance or a Verizon broadband connection, or both. This compares with 49 percent in the second quarter 2004.
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Verizon has approximately 2.4 million shareowners and approximately 2.9 billion shares of common stock outstanding. The company made $3.5 billion in dividend payments through the first three quarters of 2007, and in September it announced a quarterly dividend increase of 6.2 percent to the current 43 cents per share.
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Cablevision has ... done very well winning over Verizon phone customers. Cablevision ended the first quarter with 1.3 million voice customers, attracting a third of the available telephony market in its territory
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Revenues from DSL contributed to Verizon's total data revenues of $2.0 billion in the third quarter 2004. Data revenues represented 21 percent of Domestic Telecom's total operating revenues in the quarter, up from 18 percent in the third quarter 2003.
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