Last week Verizon presented its third quarter earnings and reported a small year-over-year increase in total revenue of $32.9 billion, up from $32.6 billion in the same quarter last year and up from $32.1 billion in Q2 this year.
CEO Hans Vestberg, based on a transcript of the earnings call prepared by Seeking Alpha, said it all comes down the network, a message he has repeated since joining the company as CTO then ascending to the top job.