VZ · 10-Q · 2026Q3 · Full report

Business Segment Demand

VERIZON COMMUNICATIONS INC · 2026-10-29 · Importance 31 · Surprise 32

Verizon’s Business segment serves businesses, public sector customers, and wireless and wireline carriers across the U.S., with selected offerings also provided to customers around the world. Business mobility and broadband service revenue declined 0.8% in the third quarter and 0.6% in the first nine months of 2026. Postpaid service revenue was pressured by new customers shifting toward lower-tier plans; in the nine-month period, promotional amortization also weighed on revenue, partly offset by FWA subscriber growth and strategic pricing adjustments for existing customers. Fiber broadband revenue increased with the inclusion of Frontier results, while Other revenue grew 10.0% in the quarter and 8.8% year to date.

Key facts

• Verizon's Business postpaid service revenue decreased by $96 million in the three months ended September 30, 2026, primarily due to new customers shifting toward lower-tier plans, partly offset by FWA subscriber growth. source
• Verizon's Business fiber broadband revenue increased by $65 million in the three months ended September 30, 2026, primarily due to the inclusion of Frontier results. source
• Verizon's Business postpaid service revenue decreased by $251 million in the nine months ended September 30, 2026, primarily due to lower-tier plans among new customers and amortization of wireless equipment promotions, partly offset by FWA growth and strategic pricing adjustments for existing customers. source
• Verizon's Business fiber broadband revenue increased by $170 million in the nine months ended September 30, 2026, primarily due to the inclusion of Frontier results. source