Unlimited service helps Verizon top expectations for the second quarter

For its first full quarter offering an Unlimited data plan, Verizon returned to a growth pattern. From April through June, the nation's largest carrier added 358,000 net new postpaid phone subscribers. This is a giant improvement from the 86,000 net additions added during last year's quarter. Overall net additions came to 614,000. While that is less than the 615,000 added in the second quarter of 2016, it greatly topped estimates of a 115,000 increase predicted by JP Morgan. The Wall Street consensus was for a small 70,000 gain. Wireless revenue slipped 1.9% to $21.3 billion during the three month ...