Verizon Business announced a multi-year program to invest roughly $5B to support US small business suppliers, aiming to increase veteran- and minority-owned supplier participation through the Small Business Supplier Accelerator, designed to expand Verizon's supplier network and bolster economic inclusion across corporate procurement. In parallel, Verizon reported mixed quarterly results, with some consumer postpaid phone net adds missing, but remaining optimistic about service revenue growth and EBITDA improvements driven by prepaid gains and strategic offers.
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Verizon pledges $5 billion to boost US small business suppliers
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