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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Blake Przesmicki
Research Associate at Counterpoint Research | Specialize in Smartphones and Consumer Electronics | BA in Journalism, Advertising and Media Studies from the University of Wisconsin-Milwaukee |
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Apr 25, 2024