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Verizon’s Q2 & Its Latest Google Deal: Is AI Fiber The Next Growth Engine?

Verizon Communications Inc. reported second quarter 2026 results demonstrating notable operational improvements and an upward revision of its financial outlook. The company achieved 184,000 postpaid phone net additions in the quarter, marking its best performance in five years for the consumer segment and the strongest overall postpaid phone gross additions in eight years. Year-to-date, postpaid phone net adds stand at 537,000, indicating positive momentum heading toward the upper half of the annual guidance range of 750,000 to 1 million net additions. Broadband additions remained robust with 348,000 net adds, contributing to over 550,000 combined mobility and broadband net adds in Q2. Consumer postpaid phone churn declined to 84 basis points, improving both sequentially and year-over-year, reversing a previous trend of rising churn. The company also reported better acquisition and retention cost efficiency, with promotional cost of acquisition and retention improving by approximately 15% and 17%, respectively, year-over-year.