Verizon sheds subscribers amidst coronavirus crisis
By Steve McCaskill
Verizon has updated its guidance due to the "unprecedented magnitude of current conditions" that saw it lose 68,000 subscribers during the first quarter of 2020.
In order to maintain social distancing, the US operator has closed more than two thirds of it stores and reduced the trading hours of outlets that remain open for business. These stores have also stopped selling smartphones, with customers required to purchase handsets online.
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