FILE PHOTO: The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid
(Reuters) - Verizon Communications Inc said on Tuesday it added 650,000 net new phone subscribers who pay a monthly bill in the fourth quarter.
The largest U.S. wireless carrier by subscribers added a total of 1.2 million retail postpaid customers, the company said at the Citi 2019 Global TMT West investor conference.
Shares of the company rose 2.5 percent to $58.16. Verizon is expected to report fourth-quarter results on Jan. 29.
Reporting by Akanksha Rana in Bengaluru; Editing by Arun Koyyur
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