Verizon Sees Customer Surge, But Competition Fears Persist

Verizon Communications Inc. added 406,000 net monthly phone lines in the third quarter, its largest quarterly gain in five years. The company's stock price declined 2.8% following the earnings report. Verizon faces competition from SpaceX's planned Starlink Mobile service, which has not yet launched commercially.

• Bloomberg — Verizon Sees Customer Surge, But Competition Fears Persist

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