From CNET: Verizon gained some wireless users last quarter, but the uptick appears to have been short-lived. On Tuesday the carrier reported a net loss of 127,000 postpaid phone users for its first quarter. Its business unit's 136,000 phone net additions was unable to offset a consumer division that saw a net loss of 263,000 phone users.
Postpaid users, or those who pay their phone bill at the end of the month, are a metric used by the wireless industry as an indicator of a carrier's success.
Consumer wireless struggles have become a trend for Verizon in recent quarters. Even with the decline in subscribers, wireless service revenue for the segment was up 2.5% year-over-year. The carrier credited the increase to "a larger allocation of administrative and telco recovery fees from other revenue into wireless service revenue."
Verizon has hiked its rates on a number of its older plans over the last year, most recently adding a new fee to some older unlimited plans in February.
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