It is crucial for Verizon to ensure smooth operations and continuing service even in the face of a strike. Cable and landline revenues, although not comprising a large share of the pie, are directly related to Verizon’s business customers.
Verizon is already facing competitive threat from its telecom rivals, AT&T Inc. T, T-Mobile US Inc. TMUS and Sprint Corp. S, and any disruption in services can prove to be a catastrophe for the company. Only time will prove how sound the company’s Business Continuity Plans (BCP) are to overcome such adversities. Verizon currently carries a Zacks Rank #4 (Sell).