Verizon Business announced a multi-year program to invest about $5 billion to support US small business suppliers, aiming to bring more veteran- and minority-owned firms into its supply chain through the Small Business Supplier Accelerator, seeking to expand Verizon's supplier network and bolster economic inclusion across corporate procurement. In parallel, Verizon posted mixed quarter results, with some consumer postpaid phone net adds missing, while maintaining optimism for service revenue growth and EBITDA improvements driven by prepaid segment gains and strategic offers.
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Verizon pledges $5 billion to boost US small business suppliers
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