The company’s wireless business revenue has increased by 6.8 percent in 2013 compared to 2012. Instead of subscriber growth, revenue gains are expected from higher spending by existing subscribers. Average monthly spending per subscriber is estimated to increase to $59.75 by 2017. Price target of the company is expected to increase by 15 percent by the end of next year.
Tuesday 21 October 2014
Verizon: A Stable Stock In Uncertain Times
The company’s wireless business revenue has increased by 6.8 percent in 2013 compared to 2012. Instead of subscriber growth, revenue gains are expected from higher spending by existing subscribers. Average monthly spending per subscriber is estimated to increase to $59.75 by 2017. Price target of the company is expected to increase by 15 percent by the end of next year.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment