Verizon Q4 2023 Earnings: Robust Net Adds, Room For Deleveraging, 10.5% FCF Yield

Bruce Bennett Recap In our last article on Verizon (NYSE:VZ), we highlighted the impact of losing Consumer postpaid phone subscribers on the stock price. But, we also pointed out signs of promising improvement. Additionally, our view is that the recently-cleared C-band spectrum "will help strengthen its competitive position in the FWA space." Lastly, we believe that Verizon should have ample room for deleveraging, and we can anticipate discussions about share buybacks to emerge in two years. Since we re ...