Verizon loses estimates of postpaid telephone subscribers

Verizon Communications Inc said on Tuesday that it added fewer monthly pay phone subscribers than expected during the fourth quarter as it faced increased competition from rivals T-Mobile US Inc and AT&T Inc.

The company added 279,000 postpaid telephone subscribers in the quarter, below FactSet estimates of 443,100.

(This story has not been edited by Devdiscourse staff and is automatically generated from a syndicated feed.)

News Highlights:

  • Verizon loses estimates of postpaid telephone subscribers