Verizon forecasts upbeat annual profit as wireless subscriber growth hits six-year high

Core Viewpoint - Verizon's annual profit and free cash flow forecasts exceed market expectations, driven by aggressive promotions during the peak holiday period, resulting in the highest quarterly wireless subscriber growth for the company [1] Group 1: Financial Performance - Verizon reported a significant increase in quarterly wireless subscriber growth, attributed to effective promotional strategies [1] - The company anticipates annual profit and free cash flow to surpass market expectations, indicating strong financial health [1] Group 2: Market Strategy - Aggressive promotions during the holiday season played a crucial role in enhancing Verizon's market position and subscriber acquisition [1]