威瑞森上调2026年业绩预期，第三季度新增手机用户创五年新高Verizon Raises 2026 Forecast After Third-Quarter Subscriber Growth Hits Five-Year High
威瑞森通信公司于2026年10月26日公布业绩，第三季度新增后付费无线电话用户40.6万户，创下该公司五年来最强劲的第三季度增幅，几乎是Visible Alpha统计的分析师预期值209,439户的两倍。伴随强劲的用户增长，这家电信运营商上调了全年业绩指引，将全年后付费电话新增用户预期从此前的75万至100万户上调至110万至120万户，并将全年调整后每股收益预期从此前的4.99至5.04美元提高到5.04至5.06美元。 在发布核心用户增长数据的同时，威瑞森宣布与亚马逊网络服务签署了一项价值超过20亿美元的人工智能基础设施协议，将为AWS数据中心提供高容量光纤连接，以支持人工智能计算负载。尽管新增用户与新业务表现亮眼，但受削减设备补贴导致用户延长手机使用时间的影响，威瑞森第三季度营收录得343亿美元，低于伦敦证券交易所集团统计的分析师预期值347.4亿美元，表明终端设备销售下滑对传统营收构成了阻力。
Verizon Communications Inc. reported on Monday, October 26, 2026, that it added 406,000 monthly-bill-paying wireless phone subscribers in the third quarter, marking its strongest third-quarter subscriber gain in five years and roughly doubling Visible Alpha analyst forecasts of 209,439. Driven by this subscriber growth, the carrier raised its full-year guidance, lifting its forecast for annual postpaid phone additions to between 1.1 million and 1.2 million, up from a previous range of 750,000 to 1 million. The company also increased its full-year adjusted earnings per share projection to $5.04 to $5.06, compared with the prior outlook of $4.99 to $5.04. Alongside the subscriber numbers and forecast updates, Verizon entered into an artificial intelligence infrastructure agreement valued at more than $2 billion with Amazon Web Services to supply high-capacity fiber-optic links for data centers handling AI workloads. However, third-quarter revenue came in at $34.3 billion, falling short of LSEG analyst estimates of $34.74 billion after the carrier trimmed device subsidies, leading customers to hold on to their mobile devices longer and curbing overall quarterly equipment turnover.
01用户强劲增长推动全年业绩预期上调Surge in Subscribers Drives Upward Revision of Annual Forecasts
在第三季度运营中，威瑞森录得40.6万名每月按账单付费的无线电话净增用户，不仅是Visible Alpha汇编的市场普遍预期209,439户的近两倍，也创下了该公司过去五年来的同期最佳表现。这一超出预期的增幅显示出其无线通信主业在经历多季度竞争后重新聚拢用户，为管理层调整中长期业务指引提供了直接数据支撑。
During the third quarter, Verizon recorded 406,000 monthly-bill-paying wireless phone customer additions, nearly doubling the consensus estimate of 209,439 compiled by Visible Alpha and delivering the carrier's strongest performance for this quarterly period in five years. The sharper-than-expected subscriber expansion provided direct operational momentum for leadership to reconsider its financial targets following sustained competition across the wireless telecommunications sector.
基于该季度的强劲增幅，威瑞森更新了2026全年的财务与营运预期。公司目前预计全年后付费电话新增用户规模将达到110万至120万户，显著高于此前设定的75万至100万户的目标区间。与此同时，管理层将全年调整后每股收益指引从原先的4.99美元至5.04美元区间，上调到5.04美元至5.06美元的新范围，反映出核心用户扩容正在直接提升全年的利润能见度。
Relying on this quarterly subscriber gain, Verizon revised its full-year guidance upward across both user growth and profitability metrics. The carrier now projects full-year postpaid phone subscriber additions between 1.1 million and 1.2 million, elevating its previous target range of 750,000 to 1 million. Alongside the subscriber targets, management raised its annual forecast for adjusted earnings per share to a range of $5.04 to $5.06, climbing from the earlier projection of $4.99 to $5.04 as expanded account volumes feed directly into overall earnings visibility.
02重组战略与简化套餐初见成效Turnaround Strategy and Simplified Plans Show Early Results
在首席执行官丹·舒尔曼履职满一年之际，威瑞森推行了广泛的业务整顿措施，重点推进组织运营重组并精简无线产品线。舒尔曼主导的转型重组方案旨在理顺过去复杂的资费结构，降低消费者理解门槛，以扭转在竞争激烈的无线市场中用户增长放缓的局面。
One year into Chief Executive Officer Dan Schulman's tenure, Verizon has executed a broad restructuring across its commercial operations while revamping its core wireless offerings. Schulman's turnaround program focused on untangling complex legacy price tiers and reorganizing departmental structures to revive customer growth across the carrier's primary mobile telecommunications segments.
作为产品重组的核心举措，威瑞森于2026年6月推出了名为Simplicity的全新套餐，确立了透明定价与无限流量两项核心特性。彭博社报道指出，第三季度用户净增超出市场预期两倍的表现，显示出舒尔曼为期一年的重组行动正在取得实际成效，透明化资费正成为拉动核心用户回归的关键驱动力。
Central to this operational shift was the company's rollout of the Simplicity plan in June 2026, which established straightforward billing alongside unlimited data. According to Bloomberg, the carrier's third-quarter wireless additions, which reached more than double market expectations, indicate that Schulman's turnaround initiatives are delivering measurable commercial gains by attracting subscribers through transparent mobile packages.
威瑞森业务转型与业绩回升历程Verizon's Turnaround and AI Expansion Timeline
梳理威瑞森从推出简化套餐、布局AI基础设施到三季度新增用户超预期并上调指引的发展脉络。
Traces key milestones from Verizon's wireless plan restructuring and AI infrastructure deals to its third-quarter subscriber surge and raised outlook.
威瑞森于2026年6月推出Simplicity套餐，引入透明定价与无限流量，重组核心无线业务以重振手机用户增长。
In June 2026, Verizon introduced its Simplicity plan featuring transparent pricing and unlimited data as part of an operational overhaul to revive wireless subscriber growth.
威瑞森与谷歌签署价值超10亿美元的协议，利用暗光纤网络互联数据中心，开辟AI算力网络连接的新增收渠道。
In July 2026, Verizon completed a deal valued at over $1 billion with Google to interconnect data centers via dark fiber networks, capturing new AI infrastructure demand.
威瑞森三季度新增40.6万月结手机用户创五年新高，上调2026年利润与用户增量指引，并与AWS达成逾20亿美元AI合作。
On October 26, 2026, Verizon posted 406,000 Q3 wireless additions to hit a five-year high, raised full-year guidance, and signed an AI infrastructure deal worth over $2 billion with AWS.
03削减设备补贴致换机放缓，营收不及预期Subsidy Reductions Pressure Device Upgrades and Quarterly Revenue
在用户指标超预期的同时，威瑞森第三季度营业收入录得343亿美元，低于伦敦证券交易所集团统计的分析师预期值347.4亿美元。导致当季营收承压的主要因素在于终端设备升级规模萎缩，这也反映出电信运营商在调整硬件销售策略后所面临的短期收入结构变动。
Despite the stronger subscriber figures, Verizon recorded third-quarter revenue of $34.3 billion, falling short of the $34.74 billion consensus estimate compiled by LSEG. The shortfall across total quarterly turnover stemmed primarily from reduced device upgrade activity, highlighting how operational shifts in hardware promotional strategies can weigh directly on top-line equipment figures.
CNBC报道指出，营收未达预期与威瑞森削减手机补贴的举措密切相关。在公司缩减设备补贴额度后，消费者倾向于延长现有智能手机的使用时间，导致整体换机频率明显放缓。这种用户留用旧手机周期的拉长，直接压低了第三季度的设备销售流水，并限制了整体营收表现。
According to reporting from CNBC, the revenue miss was directly pressured by lower upgrade volumes after Verizon began cutting device subsidies across its consumer accounts. As promotional discounts on new handsets were reduced, subscribers chose to hold on to their existing smartphones for longer periods rather than upgrading. This lengthening of phone replacement cycles dampened equipment sales through the quarter, constraining overall commercial receipts despite growth in net monthly connections.
04拓展AI数据中心光纤互联新收入来源Expanding New Revenue Streams via AI Data Center Connectivity
在传统硬件销售面临压力的同时，威瑞森正加速切入技术基础设施互联领域。根据该公司与亚马逊旗下云计算部门AWS达成的协议，威瑞森将为AWS数据中心建设并提供高容量光纤网络连接。该协议总价值超过20亿美元，主要目的是实现更高速、更稳定的数据传输性能，以支撑AWS日益增长的人工智能计算工作负载。
As device upgrade revenue faces headwinds, Verizon is accelerating its expansion into computing infrastructure connectivity through a major cloud partnership. Under the agreement valued at more than $2 billion with Amazon's cloud unit, AWS, Verizon will deploy high-capacity fiber-optic links between data centers. This dedicated infrastructure is engineered to deliver faster, more reliable data transfers capable of sustaining increasingly intensive artificial intelligence computing workloads across Amazon's server facilities.
这项巨额协议延续了威瑞森在大型科技公司基础设施领域的合作势头。2026年7月，威瑞森曾宣布与谷歌达成一项价值超过10亿美元的暗光纤协议，专门用于互联其数据中心网络。CNBC报道分析指出，随着人工智能算力需求的持续攀升，为超大规模数据中心提供底层光纤网络支持，正在为电信运营商开辟独立于传统无线和宽带业务之外的新商业增长点。
The AWS transaction builds directly on Verizon's earlier commercial deals with hyperscale cloud providers. In July, the telecommunications carrier completed an agreement exceeding $1 billion with Google to interconnect data centers using dark fiber networks. As reported by CNBC, expanding demand for artificial intelligence capacity is opening a concrete new revenue stream for telecom operators, establishing high-capacity enterprise networking as an important operational pillar distinct from consumer wireless and broadband subscriptions.
