While Verizon is still a powerhouse in the communications space, they went off-track years ago and have been struggling for meaningful recovery, innovation and long-term growth ever since.
Very good article
https://www.rcrwireless.com/20220919/analyst-angle/kagan-verizon-slow-recovery-is-a-work-in-progress
The company’s most valuable asset is Hans Vestburg.
That article reads like a not so smart high schooler wrote it , full of empty cliches and meaningless generalities. ‘VZ needs growth’ - No sht Sherlock.
DEI make companies D1E
The company as a whole still struggles to find growth, and the clock is ticking.
The problem is, there are few if any real signs of progress yet. And this continued loss of market share is not a positive sign.
According to Vestberg, while Verizon is in the middle of a comeback, wireless postpaid net adds will continue to decline. Churn is also increasing, which they blame on price increases. This is a mixed message. Customers, workers and investors want proof. They want evidence of a Verizon turnaround. Especially after years of effort.
I left the company in great shape with yahoo, AOL, go90. Anything happen since I left?
@hhq, why the disdain for proofreading?
It sure if a powerhouse anymore but agree with went way off track. Leadership has no idea what’s going g on or what direction to got example past buy and sells.
Verizon got off track when they 1st elevated Lowell and than Hans. Neither were considered top of the management class, both have history of failure. What they also have in common is a warped affinity to anti American ideas like ESG, DEI and discrimination based on race, color and age.