{"id":989094,"date":"2026-02-02T07:22:02","date_gmt":"2026-02-02T01:52:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989094"},"modified":"2026-02-02T07:30:44","modified_gmt":"2026-02-02T02:00:44","slug":"verizon-forecasts-upbeat-annual-profit-as-wireless-subscriber-growth-hits-six-year-high","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/02\/verizon-forecasts-upbeat-annual-profit-as-wireless-subscriber-growth-hits-six-year-high\/","title":{"rendered":"Verizon forecasts upbeat annual profit as wireless subscriber growth hits six-year high"},"content":{"rendered":"<p>Verizon forecast annual profit and free cash flow above market expectations on Friday, \u2060after aggressive promotions during peak holiday period fueled its highest quarterly wireless subscriber additions in six years. <\/p>\n<p>Shares of the U.S. wireless carrier jumped 9.2% after the company unveiled a new \u200cshare buyback program &#8211; \u200cits first in nearly six years &#8211; authorizing up to $25 billion in repurchases over the next three years. <\/p>\n<p>In \u200cthe fourth quarter, telecom operators often rely on device promotions and bundled plans to poach customers looking to switch carriers amid peak phone-buying during Black Friday and Cyber Monday deals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Verizon forecast annual profit and free cash flow above market expectations on Friday, \u2060after aggressive promotions during peak holiday period fueled its highest quarterly wireless subscriber additions in six years. Shares of the U.S. wireless carrier jumped 9.2% after the company unveiled a new \u200cshare buyback program &#8211; \u200cits first in nearly six years &#8211; authorizing up to $25 billion in repurchases over the next three years. In \u200cthe fourth quarter, telecom operators often rely on device promotions and bundled plans to poach customers looking to switch carriers amid peak phone-buying during Black Friday and Cyber Monday deals.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-989094","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=989094"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989094\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}