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Thanks to its "no device subsidy" model, AT&T says it lost fewer customers to rivals than it ever has in the first three months of the year.
Excluding the pension benefit, Verizon posted per-share earnings that slightly topped expectations, although revenue was a hair on the light side.
The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.
Most of AT&T's customer gains in the fourth quarter came from its non-smartphone business.
The 123-year-old Dutch company has ruthlessly cut ties with TV, audio, and the categories that have made it most famous. Can an ageing population put this venerable firm back on top?
The telecommunications provider saw revenue rise nearly 6 percent on strong customer growth in the wireless business.
The company settles a class-action lawsuit that accused its leadership of rash decision-making that left shareholders out in the cold.
The company's results got a pick-me-up from an after-tax gain stemming from adjustments to its pension and benefit plans.
After Apple's move to repurchase $14 billion in shares, the activist investor says it makes no sense to continue on with his buyback proposal.
Lawsuit accuses the company of concealing that involvement with a controversial surveillance led to loss of sales and stock price decline.