(Corrects syntax in headline)

(Reuters) -Verizon beat Wall Street estimates for quarterly profit and wireless subscriber additions on Wednesday, as promotions around the recent iPhone launches helped the U.S. wireless service provider attract more customers.

The company added 44,000 total monthly bill-paying wireless subscribers in the third quarter, compared with expectations for 19,000 additions, according to data from FactSet.

The results could ease investor concerns that Verizon is losing ground to rivals T-Mobile and low-cost cable providers.

Carriers rolled out competitive deals, trade-in discounts, and switching benefits to attract customers as they looked to protect their customer base in an active switcher environment following the September iPhone launches.

Verizon’s customi

See Full Page