Verizon had a stellar quarter and produced an all-around beat with a strong increase in consumer revenue as well as business revenue. The management's strong 5G push has resulted in the company adding as many as 275,000 postpaid phone subscribers, nearly a 100,000 more than the market expectations. The company has spent over $45 billion on the 5G spectrum in 2020 and has a very high level of debt on its balance sheet which might create some market concerns but its recent subscriber is generating ....
28 Jul 2021
Verizon Communications Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
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Verizon Communications Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
- Published:
28 Jul 2021 -
Author:
Ishan Majumdar -
Pages:
14
Verizon had a stellar quarter and produced an all-around beat with a strong increase in consumer revenue as well as business revenue. The management's strong 5G push has resulted in the company adding as many as 275,000 postpaid phone subscribers, nearly a 100,000 more than the market expectations. The company has spent over $45 billion on the 5G spectrum in 2020 and has a very high level of debt on its balance sheet which might create some market concerns but its recent subscriber is generating ....