Verizon is feeling the competitive heat.
Verizon lost 292,000 consumer postpaid phone subscriptions, the metric used by the industry as an indicator of success.
But this quarter’s losses suggest customers aren’t yet convinced.
That’s not much higher than the 33%reportedin January.
The carrier credited this to the wider availability of 5G Home thanks to the continued rollout of C-band service.
The carrier reported net income of $4.7 billion, or earnings of $1.09 per share.
Verizon shares fell 6.2% to $51.60 in recent trading.
