Verizon exceeded profit and subscriber expectations in Q3, adding 44,000 monthly bill-paying wireless subscribers, surpassing the estimated 19,000. Newly appointed CEO Dan Schulman aims to shift focus to a customer-centric approach for growth. Shares rose 2% in early trading. Verizon maintains high price points but faces rising competitive intensity. Carriers offer competitive deals following iPhone launches. Verizon reaffirmed profit forecast for the year. Total revenue for the quarter was $33.8 billion, slightly below estimates. Adjusted earnings per share were $1.21, beating estimates of $1.19.

Read more at Yahoo Finance: Verizon tops estimates for subscriber additions, profit on strong phone upgrades