Verizon: 3 Key Takeaways for Long-Term Investors
Key PointsVerizon added 406,000 postpaid phone net subscribers in the third quarter.
Verizon's third quarter earnings call in October 2026 revealed key developments for long-term investors. The company reported a 406,000 increase in net postpaid phone subscribers, a 820% rise year-over-year, marking its strongest quarterly performance in five years. Additionally, Verizon added 137,000 postpaid net accounts, the best quarterly net account growth in over a decade. These subscriber gains came with reduced acquisition costs, down 41% annually.
A significant contract secured was with major cloud providers, including a $2 billion dark fiber agreement with Amazon Web Services. Dark fiber refers to unused optical fiber cables leased to tech companies for building artificial intelligence networks. Verizon also highlighted their deployment of millimeter wave spectrum, high-frequency cellular airwaves, to roll out a 1-gigabit Fixed Wireless Access product in major cities.
This technology enables Verizon to expand high-speed coverage without the capital costs of laying fiber. The company expects this to contribute meaningfully to future growth.
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