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Profits at Verizon Irish unit increase to $1.44bn

US telecommunications giant has been active here since 2006 and employs about 1,000 workers in Dublin
Profits at Verizon Irish unit increase to $1.44bn

in the first quarter of this year, Verizon Communications completed its new global centre of excellence in Limerick City.

Pre-tax profits at the main Irish unit of US telecommunications giant, Verizon Communications last year increased by 52% to $1.44bn (€1.23bn).

This followed revenues at Verizon Services Ireland Ltd last year rising by 51% from $982m to $1.485bn.

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