Verizon wireless subscriber growth hits 5-yr high, profit view weak

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Verizon Communications experienced significant growth in wireless subscribers in the fourth quarter of 2024, surpassing expectations with 568,000 new postpaid phone subscribers. The company reported strong financial performance with consolidated net income exceeding analysts' forecasts. Looking towards 2025, Verizon remains cautiously optimistic, projecting moderate growth in wireless service revenue and adjusted earnings per share. CEO Hans Vestberg emphasized strategic initiatives to enhance network capabilities, positioning Verizon to navigate challenges in the competitive telecommunications market.Discover Verizon's Impressive Subscriber Growth: Navigating Telecom Challenges with Strategic Network Expansion in 2025. Verizon Communications has achieved a remarkable milestone in wireless subscriber growth, reporting its