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Verizon lost a large customer base in three months

Verizon started the price hikes last year by raising prices on older plans like 5G Get More, 5G Play More, 5G Do More, and 5G Start unlimited plans. However, they followed that by only allowing full autopay discounts to come from bank accounts. Further on, they raised smartwatch plan prices and then put a fresh reduction on autopay discounts for older plans by the end of 2024.Verizon, the American telecommunications company, revealed its 2025 Q1 data last week and it showed a loss of 289,000 postpaid phone customers in a single quarter,the postpaid phone customers are on Verizon’s myPlan plans and are not the same as those subscribed to prepaid plans.The company seems to be aware that the price increases have not helped, do you think that the price hike were justified ?

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