Verizon is 'not going to throw away money' to woo consumers with cheaper phones, CEO says [telecom]

By Emily Bary

'We want to have high-quality customers that really think about our value,' Hans Vestberg says when asked about wireless carrier offering smaller subsidies than rivals on Apple's new iPhones

In a competitive market for wireless deals, Verizon Communications Inc.'s chief executive says the company is "not going to throw away money" on promotions.

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Bill Horne
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