It has begun the verizon wireless death march
Low stock value versus their comperitor increased price competition and a new ftc investigation into deceptive advertising plus my recent conversation with a customer service rep in dallas who told me they started laying off people in dallas last week. Thry are in grips of their final days, also they stated in their last wtr tesults their failure in converting customers to5g. Upgrading their towers to 5g is now bad bebt. Tmobile naming them in commercials during inflation switch from verizon and save $900 annually, it doesnt look good. Bye bye now
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I've been hearing the "at some point TMobiles value will collapse" for years. All while Verizon is the company whose value is dropping, and T-Mobile signs up millions of net adds each quarter. Are you Hans? Head in the sand isn't a business strategy.
Don't know how I seriously never put the Circuit City connection together.
@rto+1is9tfxs
How many other major companies said the same thing and are no longer are around? Curcuit City literally was the play by play of what not to do...and the id--t leaders of Verizon followed every step.
At some point investors will stop valuing TMO like a tech/growth company. When that happens their overall market cap will plummet.
As for VZ, nothing is going to change until they get some form of solid 5G built. So, yeah, the next couple of years are going to be rough.
AT&T went through this in the 90's we'll go through it now it's the business cycle Verizon isn't going anywhere.