VZ Reports Record Growth

BEDMINSTER, N.J. -- Verizon Wireless today announced fourth-quarter 2005 net wireless customer additions of 2.0 million, an industry record to date and an increase of 20.5 percent over the fourth-quarter 2004.

For full-year 2005, Verizon Wireless added a net of more than 7.5 million customers, up 19.5 percent over 2004, and served 51.3 million customers nationwide as of year-end. While adding record volumes of new customers, the company maintained strong margins throughout the year.

Fourth quarter 2005 is the company’s 14th consecutive quarter of double-digit, year-over-year quarterly net add growth. It is the seventh consecutive quarter in which the company added more than 1.5 million net customers.

Verizon Wireless