💨 Abstract
Verizon Communications reported its best quarterly wireless subscriber growth in five years, driven by the success of its customizable myPlan and promotional offers for the AI-powered iPhone 16 series. The company also announced Verizon AI Connect, a business solution for managing artificial intelligence workloads. Despite lower-than-expected profit and free cash flow forecasts, Verizon's shares increased by 2%.
Courtesy: theprint.in