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Verizon Pledges Faster Growth, Cost Cuts and Higher Shareholder Returns

Verizon logoVerizon
Sig3.20Sen+4.80Env0.00Soc+1.20Gov+1.70

Verizon says it is prioritizing mobility and broadband growth with spending discipline, better retention and lower acquisition and retention costs. It reported strong net additions in mobility and broadband, raised its full-year adjusted EPS growth outlook to 6%–7% and free-cash-flow growth to 9%–10%, and returned $9.4 billion to shareholders in the first half.

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