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flag Verizon raised its yearly profit forecast, driven by strong demand for premium plans despite losing some mobile subscribers.

flag Verizon raised its profit forecast for the year, citing strong demand for its higher-tier plans and better-than-expected Q2 earnings. flag The company saw a 2.2% rise in wireless service revenue but lost 9,000 monthly bill-paying wireless subscribers. flag Verizon added 293,000 broadband subscribers and reported a net income of $5.12 billion, surpassing estimates. flag Shares increased by 4% in pre-market trading.

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