Verizon announced its earnings today coupled with some interesting new information. Verizon’s Chief Financial Officer Andrew Davies told investors that a data-sharing plan would be available this summer. Family Data sharing has been in the cards for a while, but this is another indication of an imminent launch.
RT @RogerWCheng: Verizon CFO says data-sharing plan will come out mid-summer this year.
During the call, Verizon announced that it activated an additional 3.2 million iPhones for the quarter, which is 1.1 million units down (or 24 percent) from the blowout Holiday quarter when the carrier activated 4.3 million iPhones.
Verizon activated 6.3 million smartphones overall, and 9.1-percent of those were on LTE. Data revenues were $6.6 billion, which is up $1.1 billion (or 21.1-percent) year-over-year and represents 42.9-percent of all service revenues. Total revenues were $18.3 billion, up 8.2-percent year-over-year.
Verizon is now at 47 percent smartphones overall. It is near the tipping point where smartphone customers outnumber dumbphone counterparts.