VZW Adds 1.5M Retail Customers in Q4 2011 Yet Post's a Net Loss of $2.02B

[darrick04]

Big Red has reported it's Q4 2011 earnings and the numbers are looking very interesting. Verizon added 1.5 million retail customers, which is its largest increase in three years. Of that 1.5 million, 1.2 million were postpaid subscribers. Revenue for the year totaled $110.9 million, up 4% from 2010. You'd think by looking at these numbers that all is well in Verizon land, but a deeper look reveals a very interesting statistic.


Source: BGR

I'm pretty sure it was just a typo but I assume their total revenue for the year was $110.9 BILLION, not million.