Verizon’s turnaround was driven by generous promotions and trade-in offers.
But consumers will see fewer financial incentives to switch going forward.
Broadband gains were much more modest, with 59,000 Fios wired internet net additions.
The carrier reported net income of $6.7 billion, or $1.56 earnings per share.
Its adjusted earnings were $1.19 per share, exactly meeting expectations ofanalysts polled by Yahoo Finance.
