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Verizon posts higher subscriber loss on price hikes, competition
//sports-competition.news-articles.net/content/2 .. -subscriber-loss-on-price-hikes-competition.html
Published in Sports and Competition on Tuesday, April 22nd 2025 at 8:05 GMT by Reuters
Published in Sports and Competition on Tuesday, April 22nd 2025 at 8:05 GMT by Reuters
It also raised monthly prices for its customizable myPlan accounts with five lines or more by $3 per line, while customers on the New Verizon Plan faced a $4 per line increase for single mobile lines. That led to a higher churn, percentage of customers exiting a service, with Verizon reporting a loss of 289,000 monthly bill-paying wireless subscribers in the first quarter, after it added a record 568,000 customers in the December quarter. Wireless service revenue grew 2.7% to $20.8 billion, helped by the price hikes implemented by the company.
Read the Full Reuters Article at:
[ https://tech.yahoo.com/articles/verizon-posts-higher-subscriber-loss-110026707.html ]
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