Review Verizon releases a poor Q4 earnings report, sees no growth in wireless services until 2018

Review Verizon releases a poor Q4 earnings report, sees no growth in wireless services until 2018

Verizon reported its fourth quarter results today, and they were below what Wall Street was expecting. The 591,000 net postpaid subscribers added from July to the end of September fell short of the 715,000 predicted by Wells Fargo. And the 1.1% postpaid churn reported by the nation's largest carrier was 3 basis points higher than the 1.07% churn rate forecasted by the banking firm. The company did have 167,000 net phone adds, nearly triple the amount expected by Wells Fargo.

Of the 591,000 postpaid additions from October through December, 196,000 were attributed to tablets which provide ...

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