Verizon warns of 'soft' subscriber growth on strong competition, shares fall
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Verizon has issued a warning about 'soft' subscriber growth for the first quarter due to strong competition from rival carriers offering promotions. This announcement has led to a 5.3% drop in Verizon's shares during premarket trading.
March 11, 2025 | 2:00 pm
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Verizon has warned of 'soft' subscriber growth for Q1 due to strong competition, leading to a 5.3% drop in its share price in premarket trading.
Verizon's warning about 'soft' subscriber growth indicates potential revenue challenges, which is a critical factor for investors. The immediate market reaction, a 5.3% drop in share price, reflects investor concern over the company's competitive position and future earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100