Verizon Expects More Profit (CEFR Compare)

Apr 27, 2026, 11:05

Verizon Expects More Profit

Introduction

Verizon is a phone company. It has more customers now. The company thinks it will make more money this year.

Main Body

Verizon got 55,000 new customers in the first three months of the year. This is a surprise. Many people thought the company would lose customers. Verizon gave customers new deals. They sold internet and phone plans together. They also gave gifts to people who left other phone companies. Verizon made $1.28 for each share of the company. This is more than people expected. But the company had a problem in January. The service stopped for ten hours. Verizon gave customers $20 back. Verizon wants to work with AI companies. They want to use their fast internet for AI. Because of this news, the company's stock price went up.

Conclusion

Verizon has more customers and better plans. The company expects to make more money in the future.

Vocabulary Learning

company (n.)

business / a group of people who work together公司

Example:My company is hiring new staff.

customers (n.)

people who buy goods or services顧客

Example:The company has many customers.

internet (n.)

global network of computers互聯網

Example:He likes to browse the internet.

money (n.)

currency used for buying錢

Example:She saved a lot of money for her trip.

phone (n.)

telephone / a device used for calling電話

Example:I use my phone to call my friend.

Sentence Learning

They sold internet and phone plans together.

Conjunction: The word 'and' joins two items, showing they are both sold.連接詞: 'and' 一詞連接兩個項目，表示兩者都被銷售。

But the company had a problem in January.

Contrast: The word 'but' introduces a contrast, indicating something unexpected.對比: 'but' 一詞引入對比，表示出乎意料的情況。

Because of this news, the company’s stock price went up.

Reason: The phrase 'because of' explains why the stock price increased.原因: 'because of' 一詞說明股價上升的原因。

Verizon got 55,000 new customers in the first three months of the year.

Time: The phrase 'in the first three months of the year' indicates when the event happened.時間: 'in the first three months of the year' 一詞說明事件發生的時間。

They also gave gifts to people who left other phone companies.

Preposition: The phrase 'to people' shows the direction of the gifts.介詞: 'to people' 一詞說明禮物的受領者。

Verizon Raises Annual Profit Forecast After First-Quarter Subscriber Growth

Introduction

Verizon has increased its expected annual profit after seeing a rise in wireless subscribers during the first quarter, which was higher than market analysts had predicted.

Main Body

The company reported a net gain of 55,000 monthly bill-paying wireless subscribers for the quarter ending in March. This is the first time the company has seen an increase during this period in over ten years, which is surprising because analysts had expected a loss of over 81,000 subscribers. As a result, Verizon now expects its total new retail phone customers for the year to be in the upper half of its original forecast of 750,000 to 1 million. This growth is the result of a new strategy to attract and keep customers by offering combined high-speed broadband and wireless plans. Furthermore, the company offered incentives to attract users from competitors like AT&T and T-Mobile. CEO Dan Schulman emphasized that these steps are designed to make switching easier and help the company lead the market again. The recent financial results also include the acquisition of Frontier, which was completed on January 20. In terms of financial performance, Verizon reported an adjusted profit of $1.28 per share, which was higher than the estimated $1.20. However, total quarterly revenue was $34.4 billion, slightly lower than the $34.84 billion expected by LSEG. This difference was partly caused by a ten-hour service outage in January, which forced the company to give $20 credits to many customers. Consequently, the company has raised its 2026 profit forecast and is now exploring partnerships to integrate 5G and fiber assets into AI infrastructure to increase future revenue.

Conclusion

Verizon has successfully stopped its trend of losing subscribers and has raised its profit goals, supported by new service bundles and plans to enter the AI infrastructure market.

Vocabulary Learning

acquisition (n.)

the act of buying or taking over another company / 收購

Example:The acquisition of Frontier was completed on January 20.

adjusted (adj.)

modified or changed to fit conditions / 調整過的

Example:Verizon reported an adjusted profit of $1.28 per share.

incentives (n.)

rewards or benefits to encourage action / 促進措施

Example:The company offered incentives to attract users from competitors.

integrate (v.)

to combine or merge into a whole / 整合

Example:Verizon is exploring partnerships to integrate 5G and fiber assets into AI infrastructure.

surprising (adj.)

unexpected / 令人驚訝的

Example:The sudden rise in subscribers was surprising to the analysts.

Sentence Learning

This difference was partly caused by a ten-hour service outage in January, which forced the company to give $20 credits to many customers.

Relative Clause: The clause 'which forced the company to give $20 credits to many customers' adds additional information about the cause of the difference.關係子句: 子句『which forced the company to give $20 credits to many customers』提供了關於差異原因的額外資訊。

The recent financial results also include the acquisition of Frontier, which was completed on January 20.

Passive Voice: The verb phrase 'was completed' is in passive form, indicating that the action was performed on Frontier.被動語態: 動詞片語 'was completed' 以被動語態呈現，表示動作是對 Frontier 執行的。

However, total quarterly revenue was $34.4 billion, slightly lower than the $34.84 billion expected by LSEG.

Contrast: The word 'however' signals a contrast between the reported revenue and the expected revenue.對比: 連接詞 'however' 表示報告的營收與預期營收之間的對比。

As a result, Verizon now expects its total new retail phone customers for the year to be in the upper half of its original forecast of 750,000 to 1 million.

Cause: The phrase 'as a result' introduces the consequence of the earlier increase in subscribers.因果: 短語 'as a result' 引出前面增長的後果。

CEO Dan Schulman emphasized that these steps are designed to make switching easier and help the company lead the market again.

Subordinating Conjunction: The clause 'that these steps are designed to make switching easier and help the company lead the market again' functions as the object of the verb 'emphasized'.連接詞: 子句 'that these steps are designed to make switching easier and help the company lead the market again' 作為動詞 'emphasized' 的賓語。

Verizon Adjusts Annual Profit Forecast Following First-Quarter Subscriber Growth

Introduction

Verizon has increased its projected annual profit following a first-quarter increase in wireless subscribers, which exceeded market expectations.

Main Body

The company reported a net gain of 55,000 monthly bill-paying wireless subscribers for the quarter ending in March, marking the first such increase for this period in over ten years. This figure contrasted with projections from Visible Alpha analysts, who had anticipated a decrease of 81,809 subscribers. Consequently, Verizon now anticipates that its total retail postpaid phone net additions for the year will fall within the upper half of its 750,000 to 1 million forecast range. This growth is attributed to a strategic shift toward customer acquisition and retention, characterized by the implementation of bundled high-speed broadband and wireless plans. Furthermore, the company introduced incentives for customers migrating from competitors, specifically AT&T and T-Mobile. CEO Dan Schulman stated that these initiatives are intended to reduce customer friction and restore market leadership. The financial results for the period also incorporate the acquisition of Frontier, which concluded on January 20. Regarding financial performance, Verizon reported an adjusted first-quarter profit of $1.28 per share, surpassing the estimated $1.20. However, total quarterly revenue reached $34.4 billion, falling short of the $34.84 billion estimated by LSEG. This revenue variance was partially influenced by a ten-hour service interruption in January, which necessitated the issuance of $20 credits to a significant number of customers. Looking forward, the company has revised its 2026 adjusted profit forecast to a range of $4.95 to $4.99 per share, upward from the previous estimate of $4.90 to $4.95. Additionally, management is exploring partnerships with cloud providers, hyperscalers, and large enterprises to integrate 5G and fiber assets into AI infrastructure, a move projected to generate substantial revenue. Market reaction to these developments included a share price increase of between 3 and 4 percent.

Conclusion

Verizon has demonstrated a reversal in subscriber loss trends and an upward revision of profit guidance, supported by new bundling strategies and potential AI infrastructure integration.

Vocabulary Learning

anticipates (v.)

to expect or predict something in advance / 預期

Example:The company anticipates that its total retail postpaid phone net additions will fall within the upper half of its forecast range.

hyperscalers (n.)

large-scale cloud computing providers that can rapidly scale resources / 大型雲端服務供應商

Example:The company is exploring partnerships with cloud providers, hyperscalers, and large enterprises to integrate 5G and fiber assets into AI infrastructure.

incentives (n.)

things that motivate or encourage action / 激勵措施

Example:The company introduced incentives for customers migrating from competitors.

integration (n.)

the process of combining or coordinating different parts into a whole / 整合

Example:The integration of 5G and fiber assets into AI infrastructure is projected to generate substantial revenue.

retention (n.)

the act of keeping or maintaining customers or employees / 留存

Example:The strategic shift toward customer acquisition and retention aims to reduce customer friction.

Sentence Learning

Additionally, management is exploring partnerships with cloud providers, hyperscalers, and large enterprises to integrate 5G and fiber assets into AI infrastructure, a move projected to generate substantial revenue.

Reduced Relative Clause: The phrase 'a move projected to generate substantial revenue' functions as a reduced relative clause modifying 'move', indicating its expected outcome.簡化關係子句: 片語 'a move projected to generate substantial revenue' 作為簡化關係子句，修飾 'move'，表明其預期結果。

However, total quarterly revenue reached $34.4 billion, falling short of the $34.84 billion estimated by LSEG.

Participial Phrase: The participial phrase 'falling short of the $34.84 billion estimated by LSEG' modifies 'revenue' and describes its condition at the time of reporting.分詞短語: 分詞短語 'falling short of the $34.84 billion estimated by LSEG' 修飾 'revenue'，描述報告時的狀況。

This revenue variance was partially influenced by a ten-hour service interruption in January, which necessitated the issuance of $20 credits to a significant number of customers.

Relative Clause: The clause 'which necessitated the issuance of $20 credits to a significant number of customers' provides additional information about the service interruption and acts as a relative clause modifying 'service interruption'.關係子句: 子句 'which necessitated the issuance of $20 credits to a significant number of customers' 關於服務中斷的額外資訊，作為修飾 'service interruption' 的關係子句。