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$TDS grew connections during 2Q16 with 36,000 postpaid net additions. The growth was driven by positive results in both postpaid gross additions, which increased 3% YoverY to 197,000, and postpaid churn which improved again this quarter to 1.2%. The growth in postpaid net additions was driven by data-centric devices.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.