Seeking Alpha: Verizon, AT&T wireless upgrade rates show improvement, but still tepid: Wells Fargo Recent quarterly results from AT&T (NYSE:T) and Verizon (NYSE:VZ) showed improvements in wireless upgrades, but they're still coming at a "tepid" pace, Wells Fargo said. AT&T added 403,000 postpaid ... Verizon, AT&T wireless upgrade rates show improvement, but still tepid: Wells Fargo Android: Average phone upgrade cycle extended beyond 3.5 years, says Verizon CFO According to Verizon’s CFO (Chief Financial Officer), Tony Skiadas, the average upgrade cycle of phone users has now extended beyond 3.5 years.

Understanding the Context

Speaking at the recent Morgan Stanley Technology, Media ... Verizon engineers have been aggressively deploying 5G Ultra Wideband in the areas of Riverside and San Bernardino. That coverage has been expanded recently with the addition of new macro cell sites ... DENVER, (GLOBE NEWSWIRE) -- Verizon has recently made major upgrades to the network serving customers in Denver, CO.

Key Insights

These upgrades are part of a multi-year redesign of its network ...