Total broadband net additions of 389,000, including 53,000 Fios Internet net additions. Verizon Business reported 151,000 fixed wireless net additions in first-quarter 2024, their best quarterly result to date. 11.1 million total broadband subscribers as of the end of first-quarter 2024, including 3.4 million subscribers on fixed wireless. Verizon added more than 3 million broadband subscribers in the last two years. Fixed wireless revenue for the first-quarter 2024 was $452 million, up $197 million compared to the prior year period.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VZ:
- Options Volatility and Implied Earnings Moves Today, April 22, 2024
- Options Volatility and Implied Earnings Moves This Week, April 22 – April 26, 2024
- Verizon Communications (VZ) Q1 Earnings Cheat Sheet
- Verizon to report earnings April 22, 2024
- Verizon stands ready to respond during severe weather season and beyond