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Benzinga
Benzinga
Business
Anusuya Lahiri

Churn Concerns Weigh On Verizon's Wireless Outlook Despite Financial Gains

Verizon Benjamin Swinburne VZ Verizon Communications
Verizon

Verizon Communications (NYSE:VZ) delivered an encouraging second-quarter performance, highlighted by healthy financial growth and a significant boost to free cash flow.

This stronger financial position is expected to accelerate debt reduction and provide the company with greater flexibility for future investments in fiber infrastructure or share buybacks.

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