As a result, passenger traffic increased around 9% y-o-y for the carrier in the fourth quarter, and will contribute towards revenue and earning growth.
Despite a saturated wireless market, where Verizon has added fewer postpaid subscribers y-o-y so far this year, the carrier managed to post its best quarter in terms of postpaid net adds in four years.
The largest wireless carrier in the U.S. reported a healthy 4% y-o-y growth in revenues, bolstered by a strong adoption of smartphones and its newly launched Share Everything data plans.