0
General

Verizon Q1 results drop on mobile customer losses

Thursday 20 April 2017 | 14:19 CET | News
Verizon showed another drop in results for the first quarter, but said it started to see signs of improvement after it launched its new unlimited mobile offer during the quarter. Revenues fell 7.3 percent year-on-year to USD 29.8 billion. Excluding divestments, revenues were down 4.5 percent, as wireless revenue fell 5.1 percent to USD 20.9 billion. Verizon said it lost a net 307,000 retail postpaid connections in the quarter. Prior to the launch in mid-February of Verizon Unlimited, the net loss was 398,000 postpaid customers, whereas in the rest of the quarter the company had a net gain of

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Verizon
Countries: United States
::: add a comment
This article is part of dossier

LTE


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Verizon introduces new prepaid plans

Published 05 Jun 2017 09:04 CET | United States
Verizon introduced new, cheaper prepaid plans. From 06 June, customers can choose from 3 GB for USD 40 per month, 7 GB for USD 50 ...

European mobile pricing: time for data to go unlimited

Published 26 May 2017 08:41 CET | Europe
The European mobile market appears set to break through a key barrier: moving from set data bundles to truly unlimited data ...

Abonneeverlies drukt resultaten Verizon in Q1

Published 20 Apr 2017 15:29 CET | United States
Verizon heeft over het eerste kwartaal van dit jaar een omzet gerealiseerd van 29,8 miljard dollar, 7,3 procent minder dan een ...

Verizon joins unlimited plan fray with USD 80 deal

Published 13 Feb 2017 08:53 CET | United States
Verizon has launched a new introductory plan for smartphones and tablets that gives unlimited data on its 4G network for USD 80 ...

Verizon posts lower Q4, FY results as customer growth slows

Published 24 Jan 2017 14:24 CET | United States
Verizon reported a drop in fourth-quarter and full-year results for 2016, due to the slowdown in its mobile business, and said it ...





54,700,000
Number of German prepaid Sims
Germany  |  2017Q1

Calendar   /   Industry Events

27 Jul Altice Q2 2017
27 Jul Verizon Q2 2017
27 Jul Comcast Q2 2017
27 Jul Orange Q2 2017
27 Jul Telefonica Q2 2017
27 Jul Nokia Q2 2017
27 Jul Charter Communications Q2 2017
27 Jul Digital Realty Q2 2017
27 Jul American Tower Q2 2017
27 Jul VeriSign Q2 2017
27 Jul Twitter Q2 2017
27 Jul InterDigital Q2 2017
27 Jul Microsemi fiscal Q3
27 Jul Netscout fiscal Q1
27 Jul Intelsat Q2 2017
27 Jul Amazon.com Q2 2017
27 Jul Dialog Semiconductor Q2 2017
27 Jul Sky fiscal Q4
27 Jul ATN Q2 2017
27 Jul MobileIron Q2 2017
27 Jul Mitel Q2 2017
27 Jul Idea Cellular fiscal Q1
27 Jul Telecom Italia Q2 2017
27 Jul 8x8 Q2 2017
27 Jul DSP Group Q2 2017
28 Jul Megacable Q2 2017
28 Jul BT fiscal Q1
28 Jul Proximus Q2 2017
28 Jul Singtel AGM
28 Jul Ecotel AGM
28 Jul AWS Summit London
::: More Calendar Items