Verizon Shares Slide After CEO Warns Of Wireless Subscriber Decline
Verizon Shares Slide After CEO Warns Of Wireless Subscriber Decline Verizon Communications shares slid Wednesday afternoon after Hans Vestberg, Chairman and CEO, told investors at Goldman Sachs'' Communacopia Technology Conference that wireless subscriptions are expected to decline. Vestberg said the drop is the exodus of consumer wireless subscribers. He added that the loss would be partially offset by business subscriber gains, though he expects a decline in wireless subscribers overall. *VERIZON EXTENDS DROP
Verizon Shares Slide After CEO Warns Of Wireless Subscriber Decline
Verizon Shares Slide After CEO Warns Of Wireless Subscriber Decline Verizon Communications shares slid Wednesday afternoon after Hans Vestberg, Chairman and CEO, told investors at Goldman Sachs'' Communacopia Technology Conference that wireless subscriptions are expected to decline. Vestberg said the drop is the exodus of consumer wireless subscribers. He added that the loss would be partially offset by business subscriber gains, though he expects a decline in wireless subscribers overall. *VERIZON EXTENDS DROP