Update (4:35 p.m.): Updated with Thursday market close information and Netflix story.
This marks an increase from 539,000 in the first quarter of this year and 941,000 in the second quarter last year. McAdam also said Verizon had record tablet growth and strong smartphone growth in the second quarter.
The company will report its second-quarter results on Tuesday, July 22.
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Verizon is also working "aggressively" with Netflix (NFLX) to build new, direct network connections to improve the quality of the latter's streaming video, according to a blog post on Verizon's website. The company said it reviewed its data traffic and found "no congestion anywhere within the Verizon network." But Verizon did find congestion "at the interconnection link to the edge of our network (the border router) used by the transit providers chosen by Netflix to deliver video traffic to Verizon's network."
The stock closed up 1.51% to $49.64. More than 18.3 million shares changed hands, which beat the average volume of 16,144,300.
Separately, TheStreet Ratings team rates VERIZON COMMUNICATIONS INC as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate VERIZON COMMUNICATIONS INC (VZ) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."