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Verizon loses more-than-expected wireless subscribers

imageStock Markets33 minutes ago (Apr 21, 2021 07:40AM ET)

(C) Reuters. The Verizon store in Superior

(Reuters) – Verizon Communications Inc (NYSE:VZ) said on Wednesday it lost more wireless subscribers than expected during the first quarter as it faced intense competition from T-Mobile US (NASDAQ:TMUS) Inc and AT&T Inc (NYSE:T).

The company lost 178,000 wireless phone subscribers in the first quarter, more than FactSet estimates for a loss of 121,700 subscribers.

Verizon loses more-than-expected wireless subscribers

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Verizon Earnings, Revenue Beat in Q1

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