As per WSJ, revenue is down and profit falls
Positive that we added new subscribers. I think they are not very profitable subscribers.
https://www.wsj.com/business/earnings/verizon-revenue-ticks-down-profit-falls-on-joint-venture-costs-01726dbf
3 replies (most recent on top)
Playing the old game that Sprint and T-Mobile played for years exchanging each other's bad customers that churned routinely due to non-payment.
Revenues down.. subscribers up
Validates quality of subscribers.
50%!of broadband from existing DSL base of Frontier.
ARPU down on Fios
FWA high churn
5GHome FWA zero contribution. Huge assigned headcount run by Sr Director
@OP "I think they are not very profitable subscribers."....... which means you're not listening to the current earnings call with the street.