Verizon reports fewer quarterly subscriber losses on flexible plan demand


by Yahoo Finance

Yahoo Finance— Verizon has also partnered with streaming services to attract customers. Starting last Thursday, its latest promotional bundle includes six months of free access to Disney's services for new and existing customers on some plans. In December, it began offering discounted subscriptions to Netflix and Max on some myPlan bundles.

CNBC—Verizon posts fewer first-quarter subscriber losses on flexible plan demand. Verizon Communications said on Monday it lost fewer-than-expected wireless subscribers in the first quarter thanks to its flexible plans and streaming bundles.

Yahoo Finance—Starbucks reports surprise drop in quarterly sales as demand falls. With demand falling across the board, Starbucks reported a fall in same-store sales for the first time in nearly three years, sending its shares down 8% in extended trading. "In a highly challenged environment, this quarter's results do not reflect the power of our brand," CEO Laxman Narasimhan said. Demand in the United States decelerated for a second straight quarter as boycott movements impacted traffic at its stores, while a choppy macro environment weighed on demand for its pricier...

Bloomberg.com—Verizon (VZ) Reports Profit Beat and Boost in Wireless Subscribers. Verizon Communications Inc. beat analysts’ estimates for profit while boosting wireless service revenue, even as it lost more retail phone customers than expected.