Recently, I reported that AT&T, T-Mobile, and Verizon had all released their Q3 2025 financial results. Verizon’s rivals are doing well, but Big Red finds itself in a much less rosy position. While it did manage to add more than 40,000 new subscribers this quarter, those gains came entirely from its prepaid and business divisions. Its postpaid phone service actually lost 7,000 subscribers during this period.

With T-Mobile edging ever closer to surpassing Verizon’s total subscriber count, it’s clear big changes are needed if Verizon wants to turn this ship around. Verizon’s new CEO, Dan Schulman, insists the company is working hard to do just that, and that it will “no longer be the hunting ground for competitors looking to gain share”.

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