Verizon Q2 2023 Report: ‘Lead-sheathed Cables’ Overshadow Improving Smartphone Metrics, FWA, and Smartwatch Sales
Overview:
Verizon smartphone sell-through declines across both prepaid and postpaid channels. Wireless postpaid upgrades fell 34% YoY in Q2. The company service plan focus has shifted towards a segmented approach with the roll out of myPlan and rate hikes for broadband services. Lead-sheathed cable issue dominated the conversation overshadowing FWA progress and gains in the B2B segment.
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Author
Maurice Klaehne
Maurice Klaehne is a Senior Analyst with Counterpoint Technology Market Research, based out of Boston, USA. He has spent more than five years working as a market researcher and strategy consultant heavily focused on emerging markets and uncovering new growth opportunities for his clients which include business service, CPG, healthcare, and life science companies. Maurice holds a Master's in International Development and Management from Sweden's Lund University, and an undergraduate degree in Political Science and International Development from Canada's McGill University. He is a native German speaker and also speaks fluent French.
Blake Przesmicki
Research Associate at Counterpoint Research | Specialize in Smartphones and Consumer Electronics | BA in Journalism, Advertising and Media Studies from the University of Wisconsin-Milwaukee |
