Broadband trends: The drivers of Verizon FWA NPS
Advance / Newhouse filed their latest Charter ownership disclosure today. The buyback amount for the quarter was below our prior estimate. As such, we are lowering our share repurchase estimate for 2Q24 to $400MM.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.
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