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Verizon beats expectations for postpaid phone subscriber additions

Oct 20 (Reuters) - Verizon Communications Inc said on Wednesday it added more postpaid phone subscribers than expected in the third quarter, supported by a steady demand for 5G services.

The company added 429,000 postpaid phone subscribers in the quarter, above FactSet estimates of 302,300. (Reporting by Richard Rohan Francis; Editing by Arun Koyyur)

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