Verizon blames government spending cutbacks for its poor phone subscriber numbers

Source: Business Insider

Verizon reported a larger drop in postpaid monthly phone subscribers than expectedDavid Ramos / Getty ImagesVerizon's postpaid monthly phone subscribers fell more than expected. The company partly blamed federal government cuts for the larger-than-anticipated subscriber drop. Some company executives have expressed fear that DOGE's efforts will harm their bottom lines.