Verizon Communications Inc. is at the beginning of a new chapter once again.
The telecommunications company has yet another new leader for its consumer business, and Verizon’s VZ upcoming earnings, due out before Tuesday’s opening bell, could offer some early signs about whether the company’s strategy has changed amid the leadership shakeup.
Sampath wasn’t heading up the consumer business for much of the latest quarter, so the results themselves won’t necessarily be a reflection of his leadership. Analysts expect subscriber declines for the period, with Cowen & Co. analyst Gregory Williams noting “typical 1Q seasonality.” His estimate is for 272,000 postpaid phone losses within the consumer business.
Sampath takes over as the consumer wireless market is changing once again. AT&T Inc. T , which has already posted first-quarter results, showed a slowdown in subscriber growth relative to last year’s lofty levels, though the company still netted sizable gains.
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