Verizon crushes analysts' expections with 1.17 million net retail postpaid additions during Q4 2017

This morning, Verizon released its quarterly earnings report for the last three months of 2017. Analysts expected the nation’s largest carrier to report 685,000 net new postpaid subscribers. Big Red blew right past that forecast by adding 1.17 million net new postpaid customers for the period that covered October through December. This nearly doubled last year’s number, and was the most net new postpaid customers added by Verizon since the first quarter of 2016. The number of postpaid net new smartphone additions was 647,000, up 42% year-over-year.

For all of 2017, net new prepaid additions …