Verizon Q1 Earnings and Value Pivot [developing]
Key Questions
What were Verizon's key Q1 2026 earnings results for FWA and fiber broadband?
Verizon reported 6 million FWA subscribers in Q1 2026, with 214k net adds showing some slowing. Fiber broadband accelerated with 127k adds following the Frontier acquisition, while FWA growth is projected to reach 8-9 million by 2028.
What is Verizon's new value-focused strategy under CEO Schulman?
CEO Schulman announced a pivot to value with simpler promotions, ending price hikes, and cross-selling fiber and mobile services. This includes family plans like 4 lines for $20/mo plus free iPhone 17, intensifying competition in family and broadband markets against T-Mobile and AT&T.
What details are available on Verizon's new 4-line unlimited plan and promos?
Verizon launched a $100/mo 4-line unlimited plan via bill credits, featuring the new Unlimited Welcome promo with free phones and watches like the iPhone 17. It's aimed at carrier switchers to combine lower pricing with device incentives.
Verizon Q1 2026 earnings: 6M FWA subs (214k adds slowing), fiber accel 127k adds post-Frontier; CEO Schulman pivot to value—simpler promos, end hikes, fiber/mobile cross-sell (4 lines $20/mo + free iPhone 17), $100/mo 4-line unlimited via credits incl. new Unlimited Welcome promo with free phones/watches; FWA to 8-9M by '28, network upgrades teased amid minor rural issues; intensifies family/broadband wars vs T-Mobile/AT&T.