Verizon (VZ): FY26 Q2 earnings call, Jul 24, 2026

…are long-duration, high-quality contracted revenue streams from some of the most demanding infrastructure customers in the world. We believe that this is just the beginning.

We built that infrastructure for a different era, but it has turned out to be exactly the right asset for this one. We are also…

…by approximately 4% year-over-year. That acceleration is independent of the incremental AI infrastructure revenue that begins to layer into our results starting in 2027. Said…

…continue to deploy fiber at scale to capture growth opportunities, including AI infrastructure builds across the country. As Dan said, we expect the amount of…

…in a generation opportunity for Verizon to participate in the massive AI infrastructure build-out. As we talked to hyperscalers, alternative cloud providers, enterprises, there is…

…accounts and lines. Importantly, we are driving our postpaid phone net add growth in a fiscally responsible manner. Consumer postpaid phone churn was 84 basis…

Good morning, welcome to Verizon's second quarter 2026 earnings conference call. At this time, all participants have been placed in listen-only mode, the call will…

…we are accelerating across every key metric, consequently, we are raising our mobility and broadband service revenue, free cash flow, and adjusted EPS guidance. Our…

…also drove a meaningful improvement year-over-year. I want to pause on our churn number because it is one of the most important metrics in assessing…

Fixed wireless access and fiber delivered net adds of 193,000 and 155,000 respectively, demonstrating our continued success in capturing our broadband opportunity with both technologies.…

…network performance metrics have improved sequentially every month as we embed sophisticated AI models that allow us to autonomously fix network issues in minutes as…

…three elements I'd like to highlight. First, we launched the most comprehensive loyalty program in our industry. Every Verizon customer, not a tier, not a…

…to drive as much convergence as we possibly can. In terms of satellite, we see no impact from satellite providers on our broadband penetration and…

…churn with healthier acquisition economics, you get exactly the kind of operating leverage you are seeing in our financial results. In fact, our financials all…

…drive improving revenue growth as we add more net subscribers across postpaid, prepaid, and broadband, and begin to benefit from a reduction in our promo…

…the second half of the year. Importantly, we are confident that the headwinds from promo amortization have peaked, and that these pressures will ease across…

…in FCC Auction 113. We're very pleased to have obtained high-quality AWS-3 spectrum that will enhance our network experience in alignment with our commitment to…