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Verizon CFO says wireless business 'robust and resilient' at Morgan Stanley TMT Conference

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Verizon's (NYSE:VZ) finance chief said the company is very aligned on growing wireless service revenue, adjusted EBITDA, and free cash flow on a macro level. Speaking at the Morgan Stanley Technology,
At the Morgan Stanley Technology, Media and Telecom Conference, Verizon's Chief Financial Officer, Tony Skiadas, highlighted the robustness and resilience of Verizon's wireless business. He discussed the company's strategic focus on enhancing its 5G network, which has been pivotal in driving customer growth and retention. Skiadas emphasized that despite economic challenges, Verizon has seen consistent demand for its services, with a particular increase in data usage. He also touched on the company's efforts to streamline operations and reduce costs, aiming to improve profitability. Additionally, Skiadas expressed optimism about future growth prospects, supported by ongoing investments in network infrastructure and the expansion of their broadband offerings.

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[ https://www.msn.com/en-us/money/technology/verizon-cfo-says-wireless-business-robust-and-resilient-at-morgan-stanley-tmt-conference/ar-AA1AfygN ]