Verizon Sees Customer Surge, But Competition Fears Persist

Verizon Sees Customer Surge, But Competition Fears Persist

Verizon Communications Inc. reported its strongest third-quarter performance in wireless customer additions in five years, adding a net 406,000 monthly phone lines. The company’s shares were down 2.8% due to concerns about increased competition from SpaceX’s forthcoming Starlink Mobile service. Bloomberg’s John Butler joins to discuss. (Source: Bloomberg)
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