---
title: "Key facts: Verizon 1M+ H1 adds; Q2 revenue $34.3B miss; edge data centers"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293815678.md"
description: "Verizon reported Q2 2026 revenue of $34.3B, missing estimates due to lower equipment sales from reduced phone upgrades. However, adjusted EPS beat forecasts at $1.30, driven by cost cuts and improved unit economics. The company added over 1 million net subscribers in H1, including strong broadband growth. Strategic initiatives include converting central offices into edge data centers for AI infrastructure and forming a 50-50 joint venture with BT Group for international wireline operations."
datetime: "2026-07-25T07:14:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293815678.md)
  - [en](https://longbridge.com/en/news/293815678.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293815678.md)
---

# Key facts: Verizon 1M+ H1 adds; Q2 revenue $34.3B miss; edge data centers

-   Verizon (VZ) Q2 2026: total mobility and broadband net adds \>550,000; H1 adds \>1,000,000. Postpaid phone net adds 184,000; broadband +348,000 (193,000 FWA, 155,000 fiber). 1
-   Verizon Q2 revenue $34.3B, missed estimates; equipment sales fell on fewer phone upgrades. Adjusted EPS $1.30, beat estimates due to cost cuts and lower device-subsidy spending. 2
-   Verizon will convert central offices into edge data centers and use its fiber network to serve hyperscalers building AI infrastructure; this initiative should start contributing to revenue next year. 3
-   Verizon to form 50-50 JV with BT Group for international wireline operations, targeting ~3,000 enterprise customers, about $4B revenue at close (H2 2027) and ~$200M annual cost savings 4
-   Verizon (VZ): lower churn and improved unit economics boosted results; equipment revenue fell ~20% after cutting device promotions and customers keeping phones longer. 5
-   Verizon named Dan Schulman CEO in late 2025. He launched a simplification plan, new wireless plan and loyalty program. Management expects Q3 net new-account growth and extended his contract to 2028. 6
-   Verizon agreed to renew an executive contract including a long‑term incentive award targeting at least $25M to be granted within Q1 2027; base salary and annual target incentive will not decrease. 7

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