Wednesday, May 24, 2006

Verizon sees wireless margins near 50 pct: CFO - (Reuters)



Verizon Wireless posted a 44.5% margin for 2006 first-quarter earnings before interest, tax, depreciation and amortization. A Verizon executive apparently wonders if they can get to 50%.

Cingular announced its first quarter margin at 31.9%.

Not too shabby.

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