Verizon's brand and network strengths continue to serve it well in the face of stiff competition.
Verizon posted another quarter of soft wireless customer growth as competition continues to be intense. The firm only added 167,000 net postpaid phone customers during the fourth quarter, far lower than a gain of 449,000 a year ago, on both weaker customer inflows and more customer defections. Postpaid customer churn ticked up to 1.1% in the quarter, versus 0.96% a year ago, but still decent in our view. We are disappointed as the weak performance did not jive well with the firm's strong promoti...Verizon Communications is a holding company. Through its subsidiaries, the company provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The company has two reportable segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The company's Consumer segment provides consumer-focused wireless and wireline communications services and products under the Verizon brand and through wholesale and other arrangements. The company's Business segment provides, among others, wireless and wireline communications services and products, video and data services, corporate networking solutions, security and managed network services.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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