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Don Ryan / AP |
Toben said during an investor Webcast that she also expects margins for earnings before interest, taxes, depreciation and amortization in a range of 43 percent to 45 percent.
"We're very upbeat about the prospects for wireless growth for 2008 and beyond," Toben said.
Verizon Wireless is a venture of Verizon [VZ
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Toben also sought to alleviate concerns that its new $99.99 unlimited calling plan would hurt Verizon Wireless, the second biggest U.S. mobile service.
The company saw a "great early response" to the plan with many customers on cheaper plans upgrading to the unlimited offer along with customers who spend more than $100 a month on calls. Toben expects the plan to boost results.
"It doesn't take that many more of the $79.99 folks to go up to $99.99 to offset it," said Toben, who also dismissed concerns that the plan would kick off a price war.
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