Verizon reports Q4 broadband net additions of 408,000

Broadband net additions of 408,000 in fourth-quarter 2024, continuing the quarterly pace of over 350,000 broadband net additions. Total fixed wireless access net additions of 373,000 in fourth-quarter 2024, growing the base to nearly 4.6M fixed wireless subscribers. The company is well-positioned to achieve the next milestone of 8M-9M fixed wireless access subscribers by 2028. Fios internet net additions were 51,000 compared to 55,000 in fourth-quarter 2023. Total broadband connections grew to more than 12.3M as of the end of fourth-quarter 2024, representing a 15% increase year over year.