Analyst Commentary

Verizon suffers record wireless subscriber losses despite reinstating unlimited data



Verizon reports its first quarterly net loss of wireless retail subscribers

The loosening of Verizon’s (NYSE: VZ) stronghold on the U.S. wireless market was highlighted in 1Q17 as the carrier reported its first quarterly net loss of wireless retail subscribers in its history. Verizon lost 307,000 postpaid customers in 1Q17 despite reinstating unlimited data plans in February, which TBR viewed as a last resort to protect market share as the company was previously reluctant to implement unlimited data due to its narro...

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