OREANDA-NEWS.  July 17, 2014. Verizon Communications Inc. (NYSE, Nasdaq: VZ) delivered continued customer growth in the recently concluded quarter, according to comments made by Chairman and CEO Lowell McAdam at the Allen & Company conference in Sun Valley, Idaho.

McAdam said Verizon Wireless expects to report a net of more than 1.4 million retail postpaid additions in second-quarter 2014. This includes strong smartphone additions, company-record tablet additions and net additions for handsets. He said Verizon would report very good retail postpaid churn in second-quarter 2014.

McAdam said Verizon also continues to see Wireless margins consistent with the last several quarters, with second-quarter 2014 Wireline margin improving compared with first-quarter 2014.
Verizon will report second-quarter 2014 results on Tuesday, July 22.