Business & Finance
Verizon Sees Customer Surge, But Competition Fears Persist
Key Points
Verizon Communications Inc. reported its strongest third-quarter performance in wireless customer additions in five years, adding a net 406,000 monthly phone lines. The company's shares were down 2.8% due to concerns about increased competition from SpaceX's forthcoming Starlink Mobile service. Bloomberg's John Butler joins to discuss.
Verizon Communications Inc. reported its strongest third-quarter performance in wireless customer additions in five years, adding a net 406,000 monthly phone lines. The company's shares were down 2.8% due to concerns about increased competition from SpaceX's forthcoming Starlink Mobile service. Bloomberg's John Butler joins to discuss. (Source: Bloomberg)