Verizon adds more-than-expected monthly phone subscribers

In this news, we discuss the Verizon adds more-than-expected monthly phone subscribers.

(Reuters) – Verizon Communications Inc on Wednesday added more monthly bill subscribers than expected, as people bought new connections to power work-from-home setups.

The company said it added 283,000 postpaid phone subscribers, above the average estimate of 268,000 for the third quarter, according to research firm FactSet.

Report by Noor Zainab Hussain in Bengaluru; Edited by Saumyadeb Chakrabarty

Original © Thomson Reuters

Originally posted 2020-10-21 10:56:09.

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