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Verizon 3Q23 Earnings Release Slide Showing Prepaid Losses

Verizon Continues To Bleed Prepaid Customers, In 3Q23 207K Leave

Joe Paonessa - Oct 24, 2023
Verizon released its 2023 third quarter earnings today. The company’s stock closed up 9.27% on the day (to $34.40) on the heels of raising its guidance for the year by $1 billion, with total wireless revenue up 2.9% year over year, and 100k postpaid phone net additions for the quarter.
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Verizon Prepaid Brings Back Multi-Line Discount Pricing

Verizon Prepaid’s Family Plans Are A Match For Metro by T-Mobile

Joe Paonessa - Jun 7, 2023
Three years ago Verizon Prepaid discontinued multi-line family plan discounts in favor of offering plans with loyalty discounts. Today, Verizon Prepaid has opted to bring back multi-line family plan discounts while keeping its loyalty and autopay discounts in place. But there is a catch. The multi-line discounts are only available
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Free Samsung Galaxy A03s On Display In Walmart (Photo Via Wave7 Research)

Verizon Prepaid Samsung Galaxy A03s Is Free At Walmart

Joe Paonessa - Mar 6, 2023
The Verizon Prepaid Samsung Galaxy A03s is now free at Walmart with in-store activation. The firm Wave7 Research noted in its latest prepaid report that the offer is highlighted on store displays. Online, the phone has a list price of $119 but is marked down to $89.88. The online Walmart
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Verizon Prepaid Makes Plan Changes

Verizon Prepaid Largely Improves Plans, Adds Choose Your Own Discount

Joe Paonessa - Oct 21, 2022
Verizon Prepaid has updated its wireless plans. The provider has made several changes to its plans including lowering starting prices, adding hotspot to its cheaper unlimited plan, adding guaranteed premium data, and the autopay and loyalty discounts have been changed around. A plan with 5GB of high-speed data has been
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Verizon Prepaid Security Data Breach

Verizon Prepaid Suffers Data Breach

Joe Paonessa - Oct 20, 2022
According to an article in BleepingComputer, some Verizon Prepaid customers were the unfortunate recipients of a message from Verizon notifying them that their accounts have been compromised. Verizon has told the unfortunate subscribers that a third party was able to see the last four digits of the credit card used
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Verizon Prepaid Fifty Percent Off Select Phones

Verizon Prepaid Offers 50% Off Select New Phones With Select Plans

Stephen Vicinanza - Mar 2, 2022
Verizon’s latest offer includes a 50% discount on select phones with activation of a new line prepaid plan required. It is for both new numbers and switchers.  The offer ends April 30, 2022, or until supplies run out. The two plans in the offer are the 15GB and Unlimited Data
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Verizon Prepaid Save $300 Hundred 5G Phones

Verizon Prepaid Offering $300 In Credits On All 5G Phones, Plus $55 Unlimited Plan

Joe Paonessa - Oct 20, 2021
Verizon Prepaid has a new promo out highlighting that you can “save $300 on all 5G phones.” It’s a limited time bill credits offer. Additionally, Verizon Prepaid, through its indirect dealer channel is now offering its unlimited plans at a discount. Customers can get the $65 unlimited plan for $55.
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Verizon Prepaid Data Only Plans Updated Sept 2021

Verizon Prepaid Updates Data Only Plans, Get 5GB For As Little As $10

Joe Paonessa - Sep 30, 2021
Verizon Prepaid has updated its data only plan offers. There are new data only plans out and they now come with $30 multi-line discounts. Customers with multiple lines can get a 5GB data only plan for as little as $10/month with a multi-line discount. Select plans include access to Verizon’s
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Verizon Prepaid $50 Unlimited Plan Offer

Verizon Prepaid Offering Unlimited For $50/Month And $100 Off Select Phones

Joe Paonessa - Jul 2, 2021
Verizon Prepaid recently launched a couple of deals. Customers that switch to Verizon Prepaid can get a truly unlimited data plan for $50/month. And subscribers that need a phone can get one for up to $100 off with the coupon code CELEBRATE. The $50 unlimited plan offer does come with
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Verizon Prepaid New Walmart Bonus Data Offer

Verizon Prepaid Has 10GB Bonus Data For Life Offer At Walmart

Joe Paonessa - Feb 23, 2021
Verizon Prepaid has a new offer out at Walmart. Analysts at the firm Wave7 Research recently spotted the deal while preparing a report to send out to its subscribers. It’s another bonus data deal, something that Verizon has a history of offering through the store. The latest iteration of the
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Verizon Prepaid Free Month Offer

Verizon Prepaid Offering Free Month Of Service With A Catch

Joe Paonessa - Feb 18, 2021
Verizon Prepaid launched a new offer today. Subscribers activating a new line of service can now get a free month of service. But there is a catch. Unlike with many other providers where customers get a free month in their first or second month of service, Verizon is holding off
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Verizon Prepaid Has A New Ultra Wideband Unlimited Plan Highlighted Alongside TCL 10 UW Phone

Verizon’s New $75 Unlimited Prepaid Plan Is Ultra Wideband Enabled

Joe Paonessa - Jan 21, 2021
Verizon Prepaid has released a new unlimited data plan priced at $75/month plus taxes and fees. It is 5G ultra-wideband enabled and the only Verizon Prepaid plan to have that designation. With 5G ultra-wideband, data speeds are multiple times faster than LTE data speeds and can reach Gbps. That is
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Verizon Wireless Tracfone Acquisition

Analyst Infers Verizon Has An 80% Chance Of Getting Approved To Acquire Tracfone

Joe Paonessa - Jan 4, 2021
In September of 2020, Verizon announced that it reached an agreement to acquire Tracfone. The price tag for the purchase tops out at $6.9 billion. It isn’t expected to close until the latter half of 2021. But like all major transactions involving mergers and acquisitions, they must get approved by
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Verizon Prepaid Is Leaving Target

Verizon Prepaid Has Been Removed From Target Stores

Joe Paonessa - Oct 27, 2020
Wave7 Research had been observing a reduction of inventory of Verizon Prepaid phones carried in Target stores. The reduction was noticed across several states over a time period of a couple of months. BestMVNO had observed similar changes locally with one store going from fully-stocked displays in August of 2020
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Verizon Agrees To Acquire Tracfone

Verizon’s Acquisition Of Tracfone Could Be Devastating To The Prepaid Wireless Market

Joe Paonessa - Sep 14, 2020
Verizon announced that it has agreed to acquire Tracfone, the nation’s largest prepaid wireless provider for a total of up to $6.9 billion. Verizon is paying for the transaction with $3.125 billion in cash and $3.125 billion in common stock. The deal also includes up to an additional $650 million
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