Verizon Revenues Increase in Q3, But Postpaid Subscriber Base Disappoints
With sales above expectations at $34.2 billion, up 4% from the third quarter of 2021, Verizon disclosed mixed third-quarter results. However, the company also added only 8,000 postpaid phone subscribers, far less than the 32,000 expected. To put that paltry customer increase into context, even more, AT&T revealed yesterday that it added 708,000 postpaid cellphone customers overall in the same time frame. Even worse, Verizon reported a net loss of... Read More