Thread regarding Verizon Communications Inc. layoffs

Verizon CEO says strike may impact second-quarter results

"We're doing a lot of installations but we're not doing the same volume that we had before," Lowell said. "So we won't be driving similar numbers in second quarter that we would in first from an installation perspective."

Verizon's Chief Financial Officer Fran Shammo, speaking at another conference last week, said the company has been focusing on repair and maintenance issues and that new installations and orders had "significantly dropped."

"I would be optimistic if I said we would be net positive for broadband and TV this quarter," Shammo said.

http://finance.yahoo.com/news/verizon-ceo-says-strike-may-182004621.html?nf=1

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| 508 views | | 1 reply (May 24, 2016) | Reply
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Where are they doing installations? I've seen just one in my area. That's it. And that was FiOS.

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