With its 5G plans on track, Verizon reports a small Q1 decline in postpaid smarphone customers

OSTN Staff

On Friday, its first-quarter earnings results for 2020. The carrier closed 70% of its company-owned retail locations and those still open had reduced hours thanks to the COVID-19 outbreak. Including both its business and consumer retail customers, Verizon lost 68,000 postpaid smartphone subscribers during the three months that ended at the end of March. That is 58% more than the 43,000 it lost during the first quarter last year. Retail postpaid phone churn was .82%, slightly improved from the churn of .84% it reported for the same quarter last year, and the .86% registered during the fourth …

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