Verizon has released its fourth quarter and annual financial report. Total operating revenues in the fourth quarter were $33.2 billion, a 6.8 percent increase compared with the fourth quarter of 2013. Full-year 2014 operating revenues were $127.1 billion, up 5.4 percent or $6.5 billion, compared with full-year 2013. Howeveer, even given the revenue growth, the company posted a $2.1 billion loss for the quarter, cutting its annual profit to $12 billion.