VERIZON WIRELESS RELEASES Q3 REPORT

Verizon Wireless, the joint venture of Vodafone and Verizon, has released its Q3 report.  They reported 997,000 net additions for the quarter, bringing the total customer base to 93.2 million, and a minuscule churn of 1.07%.  Total revenue increased by 6% over Q3 2009.  Also of note; data revenue increased 5.2% over Q3 2009; cash expense per customer dropped from $27.59 to $26.88; 183 billion text messages, 3.8 billion picture messages were sent and customers completed 22 million music/video downloads. [BGR]