In 2023, Verizon had a reported 144.8 million wireless retail connections, up from 143.25 million in 2022. Overall, the number of Verizon wireless subscribers has been steadily growing since 2007.
Verizon leads the U.S. market
Verizon is one of the largest U.S. telecom companies, alongside Verizon and T-Mobile US. AT&T leads the wireless market when measured by connections. As of the first quarter of 2024, around 37.6 percent of U.S. wireless connections were operated by Verizon, while T-Mobile US and AT&T operated around 31.4 and 29.8 percent, respectively. Unsurprisingly, Verizon generated the most revenue of the three operators in 2023, with AT&T's revenue declining sharply after having spun-off its interests in the media company WarnerMedia.
Number of wireless retail connections of Verizon from 2007 to 2023
(in millions)
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.
*In the 2019 annual report, Verizon changed its segment reporting into consumer and business instead of wireless and wireline. From 2019 onwards, the wireless retail connection figure was calculated by Statista by adding together consumer wireless retail connections and business wireless retail postpaid connections.
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Verizon, & Statista. (January 23, 2024). Number of wireless retail connections of Verizon from 2007 to 2023 (in millions) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/257710/number-of-subscriptions-with-verizon-wireless/
Verizon, und Statista. "Number of wireless retail connections of Verizon from 2007 to 2023 (in millions)." Chart. January 23, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/257710/number-of-subscriptions-with-verizon-wireless/
Verizon, Statista. (2024). Number of wireless retail connections of Verizon from 2007 to 2023 (in millions). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/257710/number-of-subscriptions-with-verizon-wireless/
Verizon, and Statista. "Number of Wireless Retail Connections of Verizon from 2007 to 2023 (in Millions)." Statista, Statista Inc., 23 Jan 2024, https://www.statista.com/statistics/257710/number-of-subscriptions-with-verizon-wireless/
Verizon & Statista, Number of wireless retail connections of Verizon from 2007 to 2023 (in millions) Statista, https://www.statista.com/statistics/257710/number-of-subscriptions-with-verizon-wireless/ (last visited October 31, 2024)
Number of wireless retail connections of Verizon from 2007 to 2023 (in millions) [Graph], Verizon, & Statista, January 23, 2024. [Online]. Available: https://www.statista.com/statistics/257710/number-of-subscriptions-with-verizon-wireless/
