Verizon Adds 55K Postpaid Subscribers, Beats Wall Street
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Verizon gained a net 55,000 postpaid phone connections in Q1 2026, beating Wall Street expectations that had anticipated a drop in the key industry metric
- The quarter was Dan Schulman's first full as CEO, with Verizon reporting both higher customer growth and lower churn
- Verizon ended the quarter with 146.8 million total wireless retail connections, according to the WSJ
- A January network outage continued to weigh on Verizon's revenue, per the report
Why it matters: A postpaid-subscriber beat—an industry metric that tracks carriers' most lucrative customers—gives new CEO Dan Schulman an early credibility win even as a January outage simultaneously pressured revenue. The two-sided print means investors will weigh whether the growth story can hold up against service-quality headwinds going into the rest of 2026.
