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Verizon Posts Strong Earnings Despite Subscriber Losses

4/22/2025

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Summary

Story summary

Verizon Communications achieved impressive Q1 2025 results, reporting adjusted earnings per share of $1.19 and total revenue of $33.5 billion.
Despite this, the company lost 289,000 postpaid phone subscribers, raising competitive concerns.
Verizon projects wireless service revenue growth of 2.0% to 2.8% for the full year.
The addition of 308,000 fixed wireless broadband customers indicates strong growth in that sector.

History

Historical Context

Verizon's current struggles with subscriber loss echo the competitive landscape of the early 2000s. Following the 2000 merger of Bell Atlantic and GTE, Verizon dominated the market. However, as competition intensified from rivals like AT&T and Sprint, subscriber retention became increasingly challenging, foreshadowing today's issues.

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Story summary

Verizon Communications achieved impressive Q1 2025 results, reporting adjusted earnings per share of $1.19 and total revenue of $33.5 billion.
Despite this, the company lost 289,000 postpaid phone subscribers, raising competitive concerns.
Verizon projects wireless service revenue growth of 2.0% to 2.8% for the full year.
The addition of 308,000 fixed wireless broadband customers indicates strong growth in that sector.

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