Verizon Finishes Positive in a Down Year, Strong Mobile Net Adds Highlight Q4 Earnings
Overview:
Verizon ended the year on a positive, adding 449,000 postpaid phone subscribers. The consumer segment, which has recently been Verizon’s weak point, drove the subscriber growth. FWA also continues to report solid growth. The carrier added 375,000 subscribers during the quarter and now has over three million total FWA subscribers. Despite the subscriber growth, smartphone sales were down double-digit percentage during the quarter. Further prepaid, network, smartwatch, and promotional analysis are detailed within this report.
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Hanish Bhatia
Hanish is an Associate Director with Counterpoint Technology based in Toronto, Canada. He has 8+ years of industry experience in providing market research and strategic consulting across various industry sectors. He tracks developments in the mobile handset, telecom and IoT industry value chain. He brings in the vast experience of providing advisory services to OEMs & component manufacturers, network operators, private equity firms and technology companies. He played a pivotal role in helping Chinese OEMs set up their manufacturing base in India under the “Make in India” program.
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