Verizon had a strong fourth quarter adding subscribers as it appears the company’s 5G rollout may be helping fuel net phone additions. But the financial results for the quarter were mixed.
For consumer lines, Verizon said it added 852,000 retail postpaid net additions in the fourth quarter including 588,000 phones. There were 723,000 postpaid smartphone net additions. For business, Verizon added 396,000 retail postpaid net additions including 202,000 phones. Overall, Verizon said it had its best quarterly net addition showing since 2013.