Verizon rakes in wireless fees in 1Q

Associated Press
Verizon rakes in wireless fees in 1Q

In this Sunday, April 7, 2013, photo, a Verizon Studio booth is seen at MetLife Stadium, in East Rutherford, N.J. Verizon Communications Inc. on Thursday, April 18, 2013 said that its profit rose 16 percent in the latest quarter as wireless revenue kept rising at a rate that's the envy of the industry.The New York-based phone company reported net income of $1.95 billion, or 68 cents per share, in the January to March period. That was up from $1.69 billion, or 59 cents per share, a year earlier. (AP Photo/Mel Evans)

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