Verizon forecasts upbeat annual profit as wireless subscriber growth hits six-year high

Telecom giant reports strong Q4 results amid rising competition

Jan. 30, 2026 at 7:31am

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Verizon Communications Inc. reported better-than-expected fourth quarter earnings and provided an upbeat annual profit forecast, driven by strong wireless subscriber growth that reached a six-year high. The telecom company's results come as it faces increasing competition in the wireless market from rivals offering more aggressive pricing and promotions.

Why it matters

Verizon's performance is a closely watched indicator of the overall health of the U.S. wireless industry. The company's ability to retain and attract new subscribers in a competitive environment is crucial for its future growth and profitability.

The details

Verizon added 217,000 monthly phone subscribers in the fourth quarter, exceeding analysts' estimates. The company's wireless service revenue rose 3.5% year-over-year, reflecting the strong subscriber growth. Verizon also provided an upbeat annual profit forecast, expecting adjusted earnings per share between $5.60 and $5.80 for 2026.

  • Verizon reported its fourth quarter results on January 24, 2026.
  • The company's wireless subscriber growth reached a six-year high in the fourth quarter.

The players

Verizon Communications Inc.

A major American telecommunications conglomerate and one of the largest wireless network operators in the United States.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Verizon's strong wireless subscriber growth and upbeat annual profit forecast suggest the company is navigating the competitive landscape effectively, maintaining its position as a leading player in the U.S. telecom industry.