When asked about Verizon Communications Inc. (NYSE:VZ) , he said, "The fact is is that we don't want to buy a stock just for its dividend, but if it's not growing. Verizon to me has lost its way, I don't think its management is very crisp anymore, and I don't care where you bought it, I care where it's going, and I think it's going nowhere."
12 replies (most recent on top)
Hans is the greatest leader there has ever been in history hands down.
Verizon's senior vice president of consumer marketing Nina Bibby has decided to leave the business to return to the UK from the US
Execs bouncing on high paying jobs. 🧐
https://www.businessinsider.com/verizon-consumer-marketing-svp-nina-bibby-set-to-depart-2023-8
Well now I’m all mixed up. Do I inverse cramer or agree with him? Its tooo much
Buy low for long term
Hans and outsourcing is a major reason we are doing so poorly. Our customer service used to be above and beyond our competitors. Our network coverage and reliability used to fall into the same category. Post Hans we do not invest into the network on the expansion front like we should only in speeds and upgrades. We need more network coverage throughout rural America and the suburbs to relieve capacity. That requires investment into those priorities which they canceled about half the projects for second half of the year to save on cost. We will never recover market share in this manner. Hans has got to go and we need competent leadership moving forward that does not try to stretch more with less.
It's true. Leadership can't collectively decide what metrics to chase. They hold multiple contests and they put out different meaningless goals to chase that no one cares. Too much confusion. Every leader has a different agenda based on what will make them look good. No common goal of winning. Selfish at heart. No real leader to step up and make one decision. They run the company like 6 different companies. If we can't all march to the same beat failure is eminent. When everything matters then nothing matters.
Is this the same Cramer Clown that did the pump and dump on woke bank SVB? The guy is a compete joke.
What a tool! You believe Jim Cramer! Man... I feel sorry for you! That man belongs in Jail! He has pushed companies on his show and the very next day they go belly-up!
Total is opening up stores left and right and giving independent owners huge incentive to switch their Indy into a total store. Lol your so wrong
Total is a test to see if they can be profitable without brick and mortar
Well maybe that’s hopeful. This nut job is basically wrong about 70% lifetime
Sampaths resonse to the stock is that the price is down because interest rates are up.
I don’t think big red is going anywhere, but it sure as fu-k is stagnant. And the free cash flow comes from cutting down on OPEX, not real growth in anything. FWA is the large part of our growth, but that sh-t is hitting major capacity limits in most major cities.
they know customers are holding on to devices longer, leading to a huge hit in upgrades but at the same time, we don’t incentivize upgrades bc of 36 month financing and it seems like in general, they could care less about upgrades right now. If anything, they would prefer people not upgrade to avoid carrying device payment agreements on the books.
the only way real growth is happening right now is slaming 3 to 4 lines or 4 to 5. just bundle/cram/slam as many PA as possible to make up for the lack of demand in our product. That or get a business account and cram as many BI as humanly possible.
I think perks are a huge clusterfu-k and is more about scrapeing the bottom of the barrel for every last penny.
doubling down on the value segment, i could tell was an issue because sampath sort of shrugged it off saying “cost of doing business, and we need to learn to improve our inefficiencies” but the rebranding of “total by verizon” is a huge fu----g mistske in my eyes.