Verizon Communications Inc. (VZ) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

over 650,000 incremental passings this year. Meanwhile, the regulatory approval process for our pending acquisition of Frontier is progressing as planned. We're encouraged by Frontier's performance and look forward to closing the transaction to further accelerate our fiber expansion. As we near the closing of Frontier acquisition, we will provide a comprehensive update on our strategy, broadband expansion, and capital allocation considering all stakeholders. We look forward to providing an update in the next few months. With that, I turn it over to Tony to go into the financials in more detail. Thanks, Hans, and good morning. The first half of the year reaffirms the strength of our business, highlighting the effective execution of our disciplined strategy and significant progress towards achieving our financial goals. As a leading provider of essential connectivity across the U.S., we are committed to offering the best value and delivering the best service and customer experience within the industry. We are focused on driving wireless service revenue and adjusted EBITDA growth and robust free cash flow. The second quarter demonstrated our ability to deliver strong financial results, even in the period of elevated promotional activity and broad economic uncertainty. We remain focused on high quality, profitable growth, recognizing that volume growth is only valuable when aligned with our disciplined financial framework. Our goal is to improve volumes year over year, though we will not do this at the expense of delivering on our three key financial priorities. This past quarter, we achieved strong sales, focusing on high quality customers without overspending for growth. Even with public sector challenges and ongoing consumer postpaid phone churn pressure, we maintaine...