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Verizon Holds Its Ground in Wireless Market

Finance chief says company will stay out of media- deal frenzy

By

Drew FitzGerald and Austen Hufford

April 24, 2018 11:00 a.m. ET

Smartwatches and connected cars helped Verizon Communications Inc. defend its wireless-customer base as the carrier lays the groundwork for next-generation service at the end of the year.

The company added 359,000 connections for devices like Apple Inc. and Samsung Electronics Co. smartwatches in the first quarter. Such gadgets are typically added to existing accounts and bring in less monthly revenue than smartphones, but can help reduce customer defections.

...

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