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Earnings

Verizon raises full-year profit forecast

Updated : April 23, 2019 05:36 PM IST

The carrier now expects low single-digit percentage growth in adjusted profit, after previously saying that its 2019 profit would be similar to what it reported a year earlier.
Verizon launched its 5G mobile network in two cities in the United States last month at an additional cost of $10 for customers with existing unlimited plans. It plans to spend $17 billion to $18 billion this year to build its network.
Verizon raises full-year profit forecast

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