It's hard to believe that Verizon has sunk to last place among the major carriers. I'm 26 years old now but when I was 14 years old Verizon was all the rage. Everyone getting a phone had to have Verizon as their carrier, nowadays nobody wants us. Verizon needs serious help if we are to lead the wireless arena. It seems like we are doing little to nothing to try to regain our lead.
( OP @3rhf+1lPhmaAb ) Could you ever have guessed that one day this company would be in such a sad shape?
News flash ... market saturation Is the issue. Once the market is saturated ..it has been for several years..... carriers close the gap from top to bottom. Verizon is still arguably the best nationwide ... we are also still the most expensive... we haven't really competed in pricing ever. There's a ton of data that goes into the decisions. Our biggest issue is bad investments like buying aol and other purchases and investments that flop. 5G is another. We are putting all our eggs in wireless also when they knew market saturation was here. Their heart is in development of the non union side and the Fios side has a lot of upside available with Fios internet specifically. They want to adopt a home wireless 5G product and at least now we aren't really close to that being successfully done with gig speeds and higher. Our executives have failed time and time again with investments.... tgats the big issue
Should have never gotten rid of 2 year contracts. We should have never competed in price. We were better and you paid for better. Now we can’t afford to keep the network up. 5g shouldn’t be a 10 year rollout. It should be done and available everywhere by now. We went from being Nordstrom to being Walmart.
Verizon began sinking when it started down the international DEI / ESG route instead of following its mission as it always has in all of its incarnations. The current management team is completely disgraceful and has denigrated and destroyed much of what has been built - including reputation. Fortunately to this old Pioneer and everyone who had a hand in building Verizon and the network, the company will outlive the useless leaders and board at the top. Count on it!
yes verizon is a sinking ship gone from #1 to the worst..i think lowell mc adams destroyed this company on purpose..he really srewed us all and hans is a scapgoat that cannot gight out of a paper bag ,even if he tried
The beginning of the death spiral was when the execs said we are a tech company, then an AND company, then a media company, etc etc. Failure after failure in M&A, d-mb product launches no one needs, mmWave, etc. A complete loss of focus on the core competency. Billions and billions wasted, top heavy, continous job cuts, constant reorgs. Now run by either a corrupt or totally inept CEO that should arrested for the conduct that occurred at his prior company. Oh and how does the failed CMO from jcrew still have his job?
Has anyone looked up past execs. On the current company directory? Things that make you go hummmm…maybe it explains why we are failing. Things lurking in the shadows and hidden in plain sight. The Swede has some bad advisors.
I just signed up for TMo and love it! Best switch I ever made.
My thirtieth anniversary would have been yesterday if I had not taken the VSP offer a few years back. It is very hard for me to see a company that had so much energy and drive fall to what it is today. All the hard work and sacrifice so many of us put into building the company up only to see what is happening today is heartbreaking. Did some of us see it coming? Yes! Could we stop it? We tried! We can only hope that the Verizon spirit will return before it is to late.
Verizon under Hans fell asleep at the wheel while TMOB kept it in 5th gear. Lowell did not help matters before he left, buying companies only to sell them off....
On the travel, TMOB is owned by Deutche Telecom, so they already have great carriage agreements and own networks throughout Europe - so they will be beat VZ at every turn there.
TMobile is great if you travel. Verizon has the audacity to charge $10 a day then throttle your service and potentially buy another $10 pass before the actual day is over
I was on a few Delta flights recently and saw T-Mo offered free WiFi for their members. Boy did I wish I had their service vs paying for in-flight service. Why doesn't Verizon think out the box to draw customers like this? United would make sense esp since their hub is in NJ.
Propaganda