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WiFi

Verizon Net Profit Grows but Wireless Slows

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The nation’s No. 2 carrier sees both wireline and wireless subscriptions tumble but posts a higher-than-expected growth in its FiOS television and high-speed Internet business.
– NEW YORK, Jan 27 (Reuters) – Verizon Communications reported a rise in quarterly net profit and
higher-than-expected growth in its FiOS television and
high-speed Internet business.
The No. 2 U.S. phone company said on Tuesday quarterly
profit rose to $1.2 billion, or 43 cents a share, from $1….