VZ » Topics » Verizon Wireless - Selected Financial Results

This excerpt taken from the VZ 8-K filed Apr 28, 2008.

Verizon Wireless – Selected Financial Results

(dollars in millions)

 

Unaudited

   3 Mos. Ended
3/31/08
    3 Mos. Ended
3/31/07
    % Change

Revenues

      

Service revenues

   $ 10,145     $ 8,991     12.8

Equipment and other

     1,524       1,316     15.8
                  

Total Revenues

     11,669       10,307     13.2
                  

Operating Expenses

      

Cost of services and sales

     3,585       3,022     18.6

Selling, general & administrative expense

     3,529       3,300     6.9

Depreciation and amortization expense

     1,300       1,256     3.5
                  

Total Operating Expenses

     8,414       7,578     11.0
                  

Operating Income

   $ 3,255     $ 2,729     19.3

Operating Income Margin

     27.9 %     26.5 %  

Verizon Communications Inc.

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