Verizon mobile growth beats but FiOS TV disappoints

Verizon's 3rd-quarter profits were $2.89 billion on revenues that were up 10.2% to $27.27 billion. Wireless subscriber gains offset slower-than-anticipated growth in its FiOS television service. Verizon Wireless added a net 1.2 million mobile customers, but is still losing market share to AT&T. Wireless brought in just under 58 percent of Verizon's total revenue for the quarter. The company, which depends on mobile, broadband and TV for growth, also appeared to lose customers to cable rivals -- Verizon reported 191,000 FiOS TV customer additions in the quarter.