Verizon CFO optimistic about consumer point of view

On the consumer side of the business, Verizon is starting to see gross subscriber addition volumes coming back, with momentum gaining at the same time the company took some price increases, he noted.

Speaking at a Morgan Stanley investor conference, Verizon CFO Matt Ellis said there's a long way to go in 2023, but that the start of the year has been "largely in line with how we expected," so the story is "building on the momentum that we had in the back half of last year."