Thread regarding Verizon Communications Inc. layoffs

Telecom Stock Roundup: AT&T, T-Mobile US, Comcast Impress in Q1, Verizon Reveals Mixed Bag

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Comcast effectively smoked Verizon on their 5G claims. Sounds like more Go90 pie in the sky:

http://www.investors.com/news/technology/click/comcast-not-sweating-over-verizon-att-5g-fixed-wireless-plans/?ven=YahooCP&src=AURLLED&ven=yahoo

"At a meeting with sell-side analysts on Monday, Verizon said it’s aiming to deploy early-stage 5G service in a couple of markets as soon as next year, and have a commercial fixed-wireless residential product ready before 2020."

2020 Really? How many customers do you lose by then?

"Comcast CFO Mike Cavanagh said: “5G is an exciting new platform, and it’s still in the very early days. We think that the propagation distance is fairly short, about a 300-foot radius. The antennas are going to need space and power and backhaul, and … the spectrum doesn’t really pass through objects like trees and buildings very well.”

Hmmmmm.

"Boosting signal strength at higher frequencies is a challenge for wireless firms. Low-frequency airwaves travel over long distances and through walls, improving in-building service."

"Colby Synesael, an analyst at Cowen & Co., said in a research report Tuesday that “mass deployment of residential fixed wireless has been an elusive last-mile aspiration for carriers for more than a decade.”

More magic, but until that magic mysteriously appears, let us piss off every customer before then. See Fortune magazine on how customers view Verizon.

http://fortune.com/2016/04/27/verizon-brand-takes-a-hit-with-consumers-as-strike-drags-on/?xid=yahoo_fortune

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