T-Mobile adds fewer wireless subscribers than expected amid intense competition [CNBC]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: CNBC
T-Mobile added fewer wireless subscribers in the fourth quarter than analysts had expected, as rivals extended ?aggressive deals and offers to lure customers. During the October-December period, telecom operators typically ramp ?up promotions ?around Black Friday ?and Cyber Monday, offering steep discounts on devices and plans to capitalize on holiday shopping. Verizon , under its new CEO who has ?been ?working on the company's turnaround, added its ?highest quarterly wireless subscribers in six years during the fourth quarter, thanks to deals such as four phone lines for $100 per month. “There was heightened ?device-centric competitiveness from one of our principal competitors, who was trying to get some headline post-paid phone growth,” ?T-Mobile finance chief Peter Osvaldik told Reuters. T-Mobile said on Wednesday it added 962,000 monthly bill-paying phone customers in the quarter, the highest among the big three U.S. wireless carriers. But the number fell short of the 981
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VZ
Earnings
- 1/30/26 - Beat
VZ
Sec Filings
- 2/9/26 - Form 8-K
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- VZ's page on the SEC website