Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS

Verizon raised its annual forecast for wireless subscriber additions on Monday, betting on strong demand for its simplified ⁠plans, and signed an AI infrastructure deal worth more than $2 billion ​with Amazon Web Services. For ​the third ​quarter, the telecom carrier reported nearly double the analysts' estimate for monthly-bill-paying wireless subscriber gains at 406,000, against Visible ⁠Alpha ‌expectations of 209,439. Verizon now expects ⁠to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million It ‌also raised its full-year adjusted earnings per share forecast to $5.04 to $5.06, from $4.99 to $5.04 earlier However, ​third-quarter revenue of $34.