It's that time of the quarter where the big companies are posting their earnings, and this morning Verizon released its Q2 results. While Verizon operates both a wireless and wireline division, we're going to focus on just the wireless portion as it pertains to Android more directly. Here are the high points:
- Revenues of $20 billion for the quarter, up 7.5-percent year-over-year
- Service revenues accounted for $17.1 billion of that, up 8.3-percent y-o-y
- ARPA (Avg Revenue Per Account) was $152.50 per month, up 6.4-percent
- Operating income margin of 32.4-percent, up 1.6-perecentage points
- 941,000 net postpaid customer additions
- In total, 100.1 million retail connections, up 6.3-percent
Verizon also broke down a few more of its customer demographics and how they use its network. More than 36-percent of postpaid accounts are now on "Share Everything" plans, with an average of 2.7 connections per account on the network. Smart phones now account for over 64-percent of the postpaid customer base, up from 61-percent last quarter. Postpaid churn (how many customers are leaving the carrier) was 0.93-percent, and up slightly year-over-year.
As part of its earnings, the carrier also took a few lines to remind us that its LTE network now covers 301 million people across 500 markets, meaning that it now covers 99-percent of its 3G footprint as well. Overall it was a strong quarter for Verizon posting increases in all the right places from earnings to customer demographics.
Source: Verizon
We may earn a commission for purchases using our links. Learn more.

These are the best games you can play on Android
We're rounding up the best games, free and premium, you should be playing today.

The Trial is finally coming to TWD Saints & Sinners on Oculus Quest
The Walking Dead: Saints & Sinners is easily one of the best VR games available, and sales are certainly proving that reality. The Quest version not only outsold other versions but is also finally getting The Trial next month.

If there's no Galaxy Note 21 this year, what phone will you buy instead?
It's looking more and more likely that we won't have a Galaxy Note 21 this year. Assuming that's true, what phone will you buy instead?

The Galaxy Note 20 Ultra is Verizon's best phone
There's nothing quite like a new phone on America's top-rated network, and the Galaxy Note 20 Ultra is a smash hit. While it's arguably the best phone on Verizon right now, there are a lot of other great options.