Verizon raises profit forecast, loses more phone subscribers

Verizon raises profit forecast, loses more phone subscribers

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-verizon-results/verizon-raises-profit-forecast-loses-more-phone-subscribers-idUSKCN1RZ15W

Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the U.S. wireless carrier lost more phone subscribers than analysts had expected.