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Verizon Surprises with New Subscriber Growth Amid CEO Leadership Change

Wall Street Journal US Business •
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Verizon’s first full quarter under new CEO Dan Schulman saw a notable rise in wireless subscribers, boosting the SINGLE most important metric for the company. The carrier reported a net gain of 55,000 postpaid connections, surpassing Wall Street expectations and signaling early progress toward growth goals. This development comes after a challenging January network outage that temporarily hurt revenue.

Schulman’s leadership is being closely watched as he pushes for improved subscriber acquisition while managing costs. The results suggest a strategic shift in focus, reinforcing confidence among investors despite broader industry headwinds. Understanding this move is key for anyone tracking Verizon’s trajectory.