Surge in Uber and Lyft Fares Poses Threat to Customer Retention

Recent findings from a report indicate that ride-hailing giants Uber and Lyft are witnessing a significant surge in their fare prices, with an increase of 7.2% registered over the past year. This rise in costs could pose a considerable threat to customer loyalty and retention, as riders may start to seek alternative transportation options due to the higher prices.

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Verizon's Strategic Bundling Initiative Boosts Mobile Broadband Subscriber Base

In a recent move that signals a strengthening of its market position, Verizon has successfully increased its mobile broadband subscriber count through an aggressive bundling strategy. This approach aims to attract new customers while retaining existing ones in an increasingly competitive telecommunications landscape.

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