Verizon sheds consumer lines in Q1, but adds business accounts amid remote work, COVID-19 demand shifts
Verizon lost 525,000 consumer postpaid wireless customers in the first quarter but delivered better-than-expected earnings even as revenue was light. Those consumer losses were largely offset by business accounts that were added in the quarter. The company’s moving parts highlight how Verizon’s position as an enterprise and business carrier allowed it to weather consumer spending […] More