Verizon Communications Inc

VZ: XNYS (USA)
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Verizon Earnings: Slashing Capital Spending Acknowledges Network Leadership Is in the Past

Verizon delivered improved customer metrics during the fourth quarter, adding 22% more postpaid wireless phone customers than the prior year. Wireless service revenue growth slowed to 1% from around 2.5% over the prior several quarters, reflecting competitive intensity in the market.

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