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

United States. CB Employment Trends Index. The value of the indicator has increased from 107.76 to 108.53
Yesterday at 2:00 PM
Germany. Germany Trade Balance. The value of the indicator has increased from €15.4B to €21.3B
Yesterday at 6:00 AM
European Union. GDP (YoY). The value of the indicator has decreased from 1% to 0.5%
7 September
European Union. GDP (QoQ). The value of the indicator has increased from 0.4% to 0.6%
7 September
European Union. Employment Change (QoQ). The value of the indicator remained at the same level of 0.1%
7 September
Top news
European Union. GDP (QoQ). The value of the indicator has increased from 0.4% to 0.6%
7 September
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.2% to -0.3%
6 August
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
All news

Forecasts

S&P 500 buy
Period: 08.10.2026 Expectation: 100 pips
Buying SPX with $7,815 target
Indicators and reports FA Other Indicators Hot news
Yesterday at 10:39 AM 19
Sinclair_John
GBPUSD sell
Period: 08.10.2026 Expectation: 100 pips
Selling GBPUSD on robust US labor market report
Indicators and reports FA Other Indicators Hot news
Yesterday at 08:14 AM 22
Reed_Marcus
Gold sell
Period: 30.09.2026 Expectation: 11000 pips
Sell gold down to $4,300
FA Other TA Other
07 September 2026 30
Bruce_Powers
Silver buy
Period: 21.09.2026 Expectation: 5500 pips
Go long on silver with $71.00 target
Indicators and reports FA Other Indicators Hot news
07 September 2026 25
Reed_Marcus
Gold buy
Period: 14.09.2026 Expectation: 300 pips
Invest in gold with $4,700 in sight
Indicators and reports FA Other Indicators Hot news
07 September 2026 24
Sinclair_John
GBPUSD sell
Period: 04.10.2026 Expectation: 3800 pips
Go short on GBPUSD with downside potential to 1.31500
Indicators and reports FA Other Hot news Chart analysis
04 September 2026 47
Sinclair_John
Go to forecasts