Data Services Driving Verizon Wireless Revenue

LG_enV_Touch.jpgVerizon Wireless announced it has added 1.1 million customers in the second quarter. That’s less than AT&T’s 1.4 million, but still isn’t bad considering Verizon doesn’t have the iPhone, as MediaPost reports.

What’s more interesting is on the data side: Verizon’s data service revenue increased 53 percent, to $3.9 billion. It now makes up almost 30 percent of Verizon’s service revenue, compared to 24 percent for the same period one year ago, the report said. That more or less mirrors the trend AT&T is also seeing.

Specifically, Verizon customers sent and received 146 billion text messages and 2.5 billion MMS messages; they also downloaded 40 million music and video files, according to the article.

That last number is actually a drop from the 48.6 million in the first quarter, and the 50 million from Q4 2008–meaning that trouble could be brewing for Verizon’s over-the-air music and video services.

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