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Wireless shines in Verizon’s Q3, but mmWave strategy carries risks

Verizon badly needs a strong wireless success to counteract challenges in other areas of its business such as media and broadband. In its third quarter, its strategy to launch 5G as early as possible seemed to be paying off, with strong wireless growth amid the roll-out of mobile and fully standardized 5G services, to join its initial 5G Home fixed wireless access (FWA) offering. However, that service needs to deliver results in its own right, by Verizon’s own admission, rather than merely being a toe in the 5G waters, as it was for AT&T. It has been refined since its underwhelming launch phase, with self-installable customer equipment being a key step forward. But more needs to be done to position…

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