Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
24 October 2022 | Other

Verizon profit declines due to loss of subscribers

Verizon Communications Inc, the major U.S. wireless operator, expectations for the number of customers in the third quarter fell short as increasing the prices of plans forced many users to replace Verizon with a more affordable wireless operator. That's what Matt Ellis, Verizon's chief financial officer, said. He also noted that the situation isn’t likely to change in the next quarter.

By Verizon's own calculations, 198,000 customers left them after the company introduced additional services to already expensive plans at the beginning of the summer. At the same time, the company's profits fell by more than 20%.

Company MarketCheese

Recommended

European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
Today at 9:01 AM
European Union. CPI (YoY). The value of the indicator remained at the same level of 3.2%
Today at 9:01 AM
United Kingdom. CPI (YoY). The value of the indicator remained at the same level of 2.8%
Today at 6:01 AM
Japan. Trade Balance. The value of the indicator has decreased from ¥299.3B to ¥-378.7B
Yesterday at 11:50 PM
United States. API Weekly Crude Oil Stock. The value of the indicator has increased from -9.119M to -8.33M
Yesterday at 8:38 PM
Top news
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
Today at 9:01 AM
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 4.35%
Yesterday at 4:30 AM
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 0.75% to 1%
Yesterday at 3:30 AM
European Union. Trade Balance. The value of the indicator has decreased from 4.9B to -1B
15 June
European Union. Deposit Facility Rate. The value of the indicator has increased from 2% to 2.25%
11 June
All news

Forecasts

EURUSD buy
Period: 24.06.2026 Expectation: 750 pips
Buying EURUSD ahead of Fed rate decision
FA Other Indicators and reports Hot news Chart analysis
Today at 10:44 AM 5
Sinclair_John
NVIDIA Corporation buy
Period: 01.07.2026 Expectation: 2200 pips
Invest in NVIDIA stock up to $230
FA Other Indicators and reports Hot news Chart analysis Indicators
Today at 10:32 AM 5
Reed_Marcus
Natural gas sell
Period: 24.06.2026 Expectation: 160 pips
Natural gas caught between US heat and supply relief
FA Other Technical analysis Hot news Indicators Fundamental analysis
Today at 06:38 AM 7
Emily_Foster
GBPUSD buy
Period: 30.06.2026 Expectation: 1000 pips
Buy GBPUSD with 1.3500 in sight
TA Other FA Other
Today at 04:00 AM 14
Bruce_Powers
Tesla Inc buy
Period: 16.07.2026 Expectation: 4000 pips
Invest in Tesla stock with $450 target
FA Other Indicators and reports Hot news Chart analysis
Yesterday at 11:55 AM 21
Sinclair_John
BTCUSD sell
Period: 23.06.2026 Expectation: 5700 pips
Bitcoin sell-off targets $60,800 as Fed is expected to adopt more hawkish tone
TA Other FA Other Technical analysis Indicators Fundamental analysis
Yesterday at 10:59 AM 22
Lyra_Moonwell1
Go to forecasts