Thread regarding Verizon Communications Inc. layoffs

Installs and new orders have significantly dropped...cannot get those customer back.....Shammo

From Fierce Telecom:

"Our installs and new orders have significantly dropped," Shammo said. "Maybe over the last week and a half we just started to do some initial installs and new orders."

If Verizon is able to come to an agreement with the unions soon, Shammo said that it will be able to quickly ramp back up FiOS installations.

"Coming out of the first quarter, we had built a lot of momentum," Shammo said. "In my history of this situation what normally happens is customers who were going to buy FiOS during this period of time take a step back and wait until things settle down."

Shammo said that the customer segment that takes longer to recover is those potential customers that move into a new community.

"The piece of FiOS subscribers that we will never get back are the people who move," Shammo said. "A person who moves into a new home wants service today and if you can't deliver it they're going somewhere else so they're probably lost for two years."

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| 524 views | | 2 replies (last May 19, 2016) | Reply
Post ID: @OP+HtCAt2C

2 replies (most recent on top)

So in 2 years we will be super busy when people come off cable tv contracts

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Post ID: @vnl+HtCAt2C

reality set in at the top . who knows how much Verizon Wireless stores were impacted...

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Post ID: @ewi+HtCAt2C

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