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January 21, 2014 06:28 pm GMT

70 Percent Of Verizons Subscriber Base Own Smartphones, Because Dumb Phones Are Dumb

US-TELECOM-COMPANY-VERIZONIt wasn't that long ago that smartphones were a niche product. They were bought almost exclusively by nerds and nerdy businesspeople. But that time is long gone. In Verizon's most recent financial earnings report, the telecommunications giant touts that 70% of the devices on its retail postpaid network are smartphones phones. Verizon also reports that at the end of 2013, there were 96.8 million retail postpaid connections. That works out to 67.76 million smartphones on Verizon's network alone.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/nXs03o-tMRY/

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