Verizon reports drop in wireless revenue, earnings

Verizon stock in Evanston

By Yingcong(June) Fu Shares of Verizon Communications Inc. fell more than 4 percent on Tuesday after the company reported a decline in earnings and wireless revenue in the fourth quarter. The telecommunications giant reported fourth-quarter revenue of $32.3 billion, 6 percent lower than the year-earlier period as wireless revenue fell 1.5 percent to $23.3 billion. […]