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Verizon improves FY outlook as wireless service revenue improves in Q3

2020-10-21 14:48:00| Telecompaper Headlines

(Telecompaper) Verizon has issued a modest improvement in its full-year outlook, after a better-than-expected performance in Q3. The company now expects annual adjusted EPS flat to 2 percent higher, compared to its previous guidance for an up to 2 percent fall. This follows stable adjusted EPS of USD 1.25 in Q3 and a return to wireless service revenue growth of 0.4 percent as stores re-opened during the quarter. Wireless service revenues are expected to strengthen to at least 2 percent growth in Q4, supported by new device launches like the latest iPhones.

Tags: in service wireless revenue

Verizon Wireless reports strong Q4 with 1.2 mln postpaid customers added

2019-01-08 18:12:00| Telecompaper Headlines

(Telecompaper) Verizon Wireless said it had a strong finish to 2018, adding a net 1.2 million retail postpaid customers in the quarter. That included around 650,000 net phone additions, CEO Ronan Dunne told investors at the Citi 2019 Global TMT West conference.

Tags: added reports strong customers

Verizon preps 5G fixed wireless service for 2018

2017-11-30 01:00:00| Total Telecom industry news

After years of hype about the life-changing possibilities promised by the next generation of mobile technology, it seems that end users' first taste of 5G will be a mobile service that isn't even mobile. That's because Verizon late on Wednesday unveiled plans to launch a pre…read more on TotalTele.com »

Tags: service fixed wireless verizon