Wireless Industry Continues Growth Pattern

Verizon Wireless recently reported that their 3rd Quarter earnings were up 31%. This is amazing news considering what else is going on the economy today. Not many industries are enjoying continued growth and success like the wireless industry is. The report above also noted that Verizon’s traditional wired based phone business is continuing to decline as it seems to be across the board.

This report is important since Verizon the backbone provider for Lightyear Wireless. Lightyear is proud to have Verizon as partner due their success in the marketplace. This report also sheds light on a larger issue in the Wireless industry. That it’s not deterred by other economic issues. People may ditch their land line phone when cutting back to save money, but they don’t appear to be cutting back on Wireless service.

Verizon Q3 Earnings Up 31%