Verizon Communications' hot streak continued during the first quarter of 2008.
The company said Monday that first quarter profits jumped about 10 percent to $1.64 billion, fueled by demand for its mobile phone service and fiber-to-the-home service called Fios.
Revenues grew about 5.5 percent to $23.8 billion, the company said. About $11.7 billion of that revenue came from its wireless business, an increase of about 13.2 percent from the first quarter of 2007.
There's no question that Verizon Wireless, which is jointly owned by Vodafone, has a good reputation as a wireless provider. Its … Read more