Verizon on Tuesday reported its fourth quarter 2011 results. The company noted record revenue growth during the quarter, which it said was fueled by strong demand for wireless service. Revenue for the year totaled $ 110.9 million, up 4% from 2010. Its quarterly revenue of $ 28.4 billion was up 7.7% from the same time period last year. Verizon Wireless, a joint venture between Verizon Communications and Vodafone, reported the highest number of retail net additions in three years driven by smartphone sales. Revenues tipped at $ 18.3 billion during the quarter, up 13% from the same period last year. Data revenues was up even higher year over year, at $ 6.3 billion, up 19.2% ($ 1 billion) from the same period one year prior. ARPU
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