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. CFTC EUR speculative positions. The value of the indicator has increased from 138.8K to 144.9K
Yesterday at 10:17 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 17.4K to -2.9K
Yesterday at 10:17 PM
Australia. CFTC AUD speculative net positions. The value of the indicator has increased from -62.9K to -21.9K
Yesterday at 10:17 PM
Canada. CFTC CAD speculative net positions. The value of the indicator has increased from -130.6K to -86.6K
Yesterday at 10:17 PM
United States. CFTC Silver speculative net positions. The value of the indicator has decreased from 44.7K to 36.4K
Yesterday at 10:17 PM
Top news
United States. GDP (QoQ). The value of the indicator has increased from 3.8% to 4.3%
Yesterday at 1:30 PM
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 0.5% to 0.75%
19 December
United States. CPI (YoY). The value of the indicator has decreased from 3% to 2.7%
18 December
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
18 December
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
18 December
All news

Forecasts

USDCAD sell
Period: 09.01.2026 Expectation: 1000 pips
Breaching 1.373 support paves way for USDCAD drop to 1.358
Hot news Indicators Chart analysis
Today at 11:26 AM 22
Tom_Kern
EURUSD sell
Period: 31.12.2025 Expectation: 1600 pips
EURUSD poised to test yearly peak on dollar softness
FA Other TA Other Technical analysis Indicators Fundamental analysis
Today at 11:15 AM 16
Lyra_Moonwell1
Gold buy
Period: 28.02.2026 Expectation: 12000 pips
Investing in gold from $4,380
FA Other TA Other
Today at 08:34 AM 29
Bruce_Powers
NVIDIA Corporation buy
Period: 31.12.2025 Expectation: 1200 pips
NVIDIA gains as China H200 chip shipment hopes build
FA Other Technical analysis Hot news Indicators Fundamental analysis
Today at 07:34 AM 11
Emily_Foster
S&P 500 buy
Period: 31.12.2025 Expectation: 900 pips
Buying SPX on dip toward $6,810
Indicators and reports Chart analysis
Today at 05:08 AM 18
Bruce_Powers
AUDUSD buy
Period: 31.12.2025 Expectation: 840 pips
Buying AUDUSD amid monetary policy divergence and technical rebound
FA Other TA Other Technical analysis Indicators Fundamental analysis
Yesterday at 10:26 AM 47
Lyra_Moonwell1
Go to forecasts