Thread regarding Verizon Communications Inc. layoffs

@gz he don't care bout wireless. He has to gut wireless to fill the space with fiber a data centers for the big boys of AI. Then the board will see the ROI it wanted.

Read this article, VZ has become a joke, thanks Dan!
https://www.phonearena.com/news/verizon-ceo-dan-schulman-device-subsidies_id183301

@eg Not telecom wireless, that’s for sure. It’s all about fiber now. Wireless failed on the great 5 G home internet disaster. You know the one that was supposed to put wireline out of business? Oh well. Costly mistake

Of course he wants to be a predator. That is what a 🐅 is instinctively. He was held back in the past. He will now get to sport his stripes freely. Hopefully he is given free reign.

@bj and the Vodafone partnership/buyout.

Isn't he just saying milk everything we can out of telecommunications then let it rot and build data centers and AI support for the real AI developers in the structural carcasses (old office spaces) left behind and then claim that Verizon was leading the way by laying out the dark fiber before anyone knew what they needed it for?

No mater who's article I read, that the way it comes across. Nothing suggests that Verizon is preparing to be in the telecom business much longer. They must be hoping someone will take it off their hands.

Dan is right . Although a bit late by a decade on transforming the culture.

wait ! what ? ‘being more prey than predator’ - this mo-o was a BM ... what did he do there ? all this time ?

@DP Pay attention this is where VZ execs tell the institutional investors what they will do.Schulman at GoldmanSachs, TonyS CFO at Citigroup on the same day.Fireside chats they call them.

Must be something to this if the alert went out for the downvoters to come in and squash this propaganda. They must have grouped up right before leaving their offices for the day because there was a lot more green on here a little while ago.

And they are still flipping red in sequence as I type this. It must really sting their eyes to gaze upon unfiltered truth.

I wonder if the night crew will make a late night strafing run later.

Dan do you normally write in 3rd person?

The Check Boxes miss the F-up on Milimeter 5G and the $140B overpayment to Vodaphone with Hans being their Trojan Horse.

Playing catchup on Fiber/Fios expansion . If we could only have that time and money back from the great 5 G disaster. Will haunt Vz forever

To daye being inside and active on Fios Fiber MDU/SFU side Dan's PowerPoint slide has not changed culture, execution still slow and Fios net adds nominal.

Lots of Speak it and say it enough people will think reality.

8 years on Board, said was offered CEO role 2X before as Hans was failing.

Culture wins and from rhe Consumer side not seeing a culture change other than DEI not the daily Up to Speed topic.

Be obsessed with our customer's money
CHECK say what you have to say to get it.

Shaking up the company culture, efficiency
CHECK it is shook, never been worse and don't forget morale. That was a bonus for them.

Delivering ROI for investors
CHECK because they are the real customers that Verizon serves

Providing fiber connectivity to hyperscalers for their AI buildouts
CHECK who needs mobile phones and mobile phone customers when this is where the real ROI is for our investors.

They are telling you what they are doing, plan to do and why.