Verizon has added more wireless customers than analysts expected as it ramps up deployment of its next-generation 5G network. The largest US wireless carrier added a total of 245,000 phone subscribers during the second quarter of 2019. Analysts had expected it to add about 163,000 new phone customers, Reuters reported.
The subscriber boost comes as Verizon began its roll out its next-generation 5G wireless network. 5G is not only about 100 times faster than 4G, but it also allows the new network to be more responsive ushering in new applications such as VR, AR and self-driving cars.