Verizon

Verizon experienced a widespread wireless service disruption Saturday afternoon, affecting numerous customers nationwide. The outage, peaking with over 13,000 complaints on Downdetector, impacted major cities and even caused issues for some AT&T and T-Mobile users. While Verizon worked on resolving the problem, the incident highlights concerns about network resilience and the critical reliance on seamless connectivity.

Verizon, facing market share decline, has appointed Dan Schulman as CEO to lead a strategic reset. Chairman Mark Bertolini cites increased competition and commoditization of 5G as key challenges. Schulman, formerly of PayPal, is evaluating cost structures and operational efficiencies to develop a new strategy. The focus will be on enhancing value for customers beyond price competition. Analysts anticipate initiatives to improve customer retention, expand into new markets, and optimize capital allocation as Verizon strives to regain its market leadership.

Verizon will launch the iPhone 17 lineup, including the iPhone Air, on September 19, 2025, with pre-orders starting September 12. Customers can get up to $1,100 off with trade-in and eligible unlimited plans. The lineup features four models with enhancements like Center Stage front camera and Ceramic Shield 2. Verizon’s plans start at $30 per line for four lines, offering a three-year price guarantee. Bundled offers include Apple Watch Series 11, iPads, and deals for business customers.