Verizon reports a drop in postpaid phone subscribers for the first quarter of 2017
by Alan Friedman / Apr 20, 2017, 2:06 PM
During the first quarter, the amount of traffic on Verizon's LTE network rose 57% year-over-year. Operating income for the wireless sector amounted to $7.1 billion. Based on total revenue, operating margins were 33.9%. First quarter non-GAAP EBITDA came to $9.4 billion, a decrease of 7.5% year-over-year.
Things do look brighter for the near future. Back in February, the company re-introduced unlimited data and it "positively changed the trajectory of customer additions," according to Verizon. Since Verizon Unlimited was first offered to consumers, the carrier has added 109,000 postpaid subscribers.
I have Verizon. f**k them. If one of you slimeball Verizon execs are reading this for god knows why, f**k you. I'm going to TMobile come September.
posted on Apr 20, 2017, 2:16 PM 7
Posts: 470; Member since: Jan 21, 2016
All of this is courtesy of T-Mobile and Sprint to a lesser degree. Verizon deserves many more quarters just like this one. Smart customers already know that the gap between Verizon and T-Mobile is closing further every day.
posted on Apr 20, 2017, 2:19 PM 2
Posts: 417; Member since: Dec 07, 2016
I agree that T mobile and sprint are very cheaper but I heard that verizon has very good coverage and strong signal. I personally use AT&T. Not a great service but definetely the signal quality is better than t mobile
posted on Apr 20, 2017, 2:24 PM 1
Posts: 470; Member since: Jan 21, 2016
That's nonsense. Wireless is still user specific. I'll take T-Mobile in my area over the other 3 by a wide margin.
posted on Apr 20, 2017, 2:32 PM 1
Posts: 14967; Member since: Sep 25, 2013
Exactly. T-Mobile coverage and signal strength is terrible for 4G. In my area, T-Mobile has a very high usage. When I am at the office downtown, my data speeds are fast and furious. But when I drive home, which is about 3 miles away, the data comes to a crawl. Its so slow, that simple web pages with no media take more than 2 mins to load. So I have a T-Mobile Cellspot in my house and now I get crazy high speeds. But with Verizon I don't need that. My iPhone is on VZW and it always has more bars, except when I am at home. My iPhone drops from full to 2 or 3 bars and the data is slow. But VZW pricing is ridiculous. On T-Mo I pay for 3 lines and my 4th is free at $160 per month. On VZW those same 4 lines before they and a deal last month was more than $200. Big Blue (ATT) and Big Red(VZW) are to expensive for their crowded network.
posted on Apr 21, 2017, 8:40 AM 2
Posts: 21; Member since: May 21, 2012
Verizon has had speeds so slow that you can't even view images on Facebook in my area for over a year now. They told me the tower in this part of town is at capacity and can't be expanded. This is a tech hub city and they have totally dropped the ball. Verizon deserves big losses they aren't providing a good service.
posted on Apr 20, 2017, 3:33 PM 0
Posts: 279; Member since: May 13, 2016
When I left Verizon for ATT I was getting 250 kbps download on LTE with the tower a 1/2 mile away. Fired up my new Nexus 4 without LTE and was getting 6 mbps download. Between horrible speeds limited phone selections I will never go back to a CDMA carrier.
posted on Apr 21, 2017, 7:58 AM 0
Posts: 19; Member since: Jul 20, 2014
As a VZW employee, saying shiz like "Verizon deserves many more quarters just like this one...," really? A lot of really great people have been losing their jobs at VZW because of T-Mobile's race to the bottom. Your comments are tone deaf, at best. Yeah, my company's leadership is crap right now and we're not competitive, but don't wish such negative b.s. on the people working there. Karma is a beyotch. Careful.
posted on Apr 20, 2017, 9:05 PM 0
Posts: 6025; Member since: Aug 06, 2013
I don't wish bad things on the employees, but preloading software that users do not want, sticking your brand/logo in places it has no business being, immediately start developing an app that collects user data the moment Trump made it legal for them to do so, they drag their feet with OS & security upgrades, I left Verizon over a year ago and I'm still getting emails and actual mail from VZW and it wont stop. If they want my business then they'll have to start respecting consumers, start meeting their demands, and cut the BS that I listed above. I've moved to Google Fi, and thus far, I've saved over $700. With the money I saved, I could easily afford a new flagship every year, That's why Verizon is/and will continue to bleed customers.
posted on Apr 20, 2017, 10:45 PM 4
Posts: 301; Member since: Jan 06, 2016
I'm going to be honest, my cellphone is my #1 tool being I work in IT and my phone needs to work. I am willing to pay the extra few dollars for verizon to remove the worry in my mind that my phone may not work somewhere. had tmobile and at&t and they simply weren't verizon. Only comparable reception I had to verizon was project-fi but my experience with it domestically was limited, it was purchased for international travel and canceled upon return.
posted on Apr 21, 2017, 8:42 AM 0
Send a warning to post author
Send a warning to Selected user.
The user has 0 warnings currently.
Next warning will result in ban!
Ban user and delete all posts
Message to PhoneArena moderator (optional):