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Verizon backs FY26 capital expenditures view $16B-$16.5B

Backs FY26 free cash flow view $21.5B or more. Backs FY26 total mobility and broadband service revenue growth view 2%-3%. Backs FY26 cash flow from operations view $37.5B-$38B. Says pleased with results of customer retention. Says churn improved throughout the quarter. Says acquiring and retaining customers more efficiently. Says Q1 results demonstrate that transformation is gaining momentum. Comments and guidance taken from Q1 earnings conference call.

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