Verizon Communications number of wireless connections 2007-2018

In 2018, the number of Verizon’s wireless retail connections stood at 118 million. The number of connections has been growing steadily over the years and has almost doubled since 2007.

Postpaid and prepaid connections

Verizon gained approximately 1.8 million additional wireless retail connections in 2018, which is a smaller increase compared to previous years. Customers can obtain Verizon’s wireless services on a postpaid or prepaid basis. Retail postpaid accounts represent customers with Verizon Wireless who are generally billed one month in advance for a monthly charge of an individual line of service. The prepaid service option allows individuals to obtain wireless services without credit verification by paying for all services in advance.
The postpaid service is by far the most popular option, as only under five percent of Verizon’s wireless retail connections were prepaid connections (in 2018). On average, Verizon generated 134.49 U.S. dollars per postpaid retail account in the same year.

Verizon’s wireless revenue

Verizon communications makes the largest amount of its revenue from the wireless segment. In 2018, this segment, involving mostly services and equipment, made over 90 billion U.S. dollars. On the other hand, most of Verizon’s wireline revenue – almost 30 billion U.S. dollars in 2018 – was generated by its consumer markets, enterprise solutions, and partner solutions.

Number of wireless retail connections of Verizon from 2007 to 2018

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Source

Release date

February 2019

Region

Worldwide

Survey time period

2007 to 2018

Supplementary notes

In the past these figures were labeled as number of retail customers. As of the 2012 annual report the terminology was changed to number of retail connections.

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