Verizon Discloses Overcount Of Long Distance Customers

The company said the overcount would have no impact on its financial results. Goldman Sachs & Co. telecom analyst Frank Governali said Verizon's system for counting long distance subscribers was separate from systems that tally the company's revenues. "As a result, while this repr...

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Bibliographic Details
Published in:Telecommunications Reports 2004-07, Vol.70 (14), p.16
Main Author: Boles, Margaret
Format: Article
Language:English
Online Access:Get full text
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Summary:The company said the overcount would have no impact on its financial results. Goldman Sachs & Co. telecom analyst Frank Governali said Verizon's system for counting long distance subscribers was separate from systems that tally the company's revenues. "As a result, while this represents a 10% reduction in what reported long distance subscribers are, it has no impact on revenue or earnings," he said.
ISSN:0163-9854