Verizon Communications Inc. (VZ) said, on an adjusted basis, its third-quarter earnings per share rose 12.8 percent from a year ago. The company said its earnings were highlighted by revenue and customer growth as more than one in four Consumer wireless phone customers now have a 5G-capable device. The company delivered 699,000 retail postpaid net additions, including 429,000 phone net additions, resulting in 122.0 million total retail connections. Third-quarter phone net additions increased 51.6 percent year over year. Excluding Verizon Media, third-quarter total consolidated operating revenues increased 5.5 percent. Total wireless service revenue was up 3.9 percent, driven by higher access revenue, volume growth and products.
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