Thread regarding Verizon Communications Inc. layoffs

Vz vs tmus and Att

This is how Pathetic we look next to Tmobile
T-Mobile said it added 854,000 postpaid phone subscribers vs. estimates of 739,000. In the third quarter, AT&T (T) added 708,000 phone subscribers while Verizon Communications (VZ) added 8,000 on a forecast of a mere 32,000.

https://www.investors.com/news/technology/tmus-stock-tmobile-earnings-tmobile-stock-q32022/

So all the customers we lost went to either Tmobile or ATT.
We are also losing really good wireless enterprise salespeople to the competition.

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| 1472 views | | 5 replies (last October 28, 2022) | Reply
Post ID: @OP+1jqzJ0Cd

5 replies (most recent on top)

I feel like Verizon is under attack!

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Post ID: @xbe+1jqzJ0Cd

So the millions of free phones going to illegals, paid for by the Gov't (tax payers)....what carrier are they on? Would make for a nice bump in post paid customers.

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Post ID: @mqf+1jqzJ0Cd

"You guys are now [market] share donors. And we're celebrating how many 5G phones we have and how much C-band we're deploying, but it's not obvious that that's translating into something tangible that investors can celebrate in terms of financial reward. So can we talk a little about that?"

David Barden, financial analyst
Bank of America Merrill Ly--h
Verizon's 1Q'22 earnings call (4/22/22)

https://www.lightreading.com/5g/is-verizons-big-5g-gamble-falling-apart/d/d-id/776998

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Post ID: @yjn+1jqzJ0Cd

All the customer and good employees. everyone I know personally that jumped over to tmo loves it.

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Post ID: @bvh+1jqzJ0Cd

And Hans always dodging the question saying this was the outcome they expected as a result of the “Administrative and Telco Recovery Charge,” increase from $1.95 to $3.30, which in itself is a made-up fee to scale with inflation. Verizon added this "economic adjustment fee?" Well, where's my "economic adjustment raise?" But that's a $1.35 increase. Yeah, that can definitely add up, but all carriers raise prices eventually. Not just Verizon. AT&T also raised prices from $6 to $12(max) this year as well, yet they still added 708k subscribers? Verizon Business also increased prices with this "economic adjustment fee" because my wife's parents are on a business plan and they were asking me about it. I'm no longer in retail (thank god) so I was unaware of this change.

All in all, I do not believe for a single iota of a second that this $1.35 increase is the sole cause of Verizon losing consumer subscribers. Verizon used to be considered the "Bentley" of wireless providers. Always more expensive but you get luxury. Now, Verizon is rushing to even try to maintain the network. 5G Ultrawide is fantastic, but 5G Nationwide service is the most atrocious thing I've ever experienced since it's inception and it's not gotten any better in any regard. I had 3G speeds better than 5G Nationwide.

Sad..

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Post ID: @mnf+1jqzJ0Cd

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