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Verizon CFO Fran Shammo predicts his company will continue to see postpaid subscriber adds...

  • Thursday, August 16, 2012, 6:20 PM ET
    Verizon CFO Fran Shammo predicts his company will continue to see postpaid subscriber adds accelerate in Q3 and seasonally strong Q4 - Verizon Wireless (VZ, VOD) reported 880K postpaid net adds in Q2, well above a 660K consensus, and Q1's 501K. Shammo also claims Verizon has "found a niche" in the prepaid market with its $50/month Unleashed plans, though (in-line with Verizon's general strategy) the company doesn't plan on matching price cuts from PCS and LEAP. (earlier)
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