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.