Thread regarding Verizon Communications Inc. layoffs

STI and raises will be interesting this year. VZ is in an interesting position ... they're focused on cost savings AND they need to be careful not to upset those that are staying.

It's like a gambler whose down at the c-sino. Do you go back for more pain or let it go? I'll let you decide who is who in this example!

A smart businessman doesn't count his 5g chickens before they hatch.

Sure it looks like it's bound to succeed when the federal government acts like an enforcer against its own citizens, forcing them to allow your buildout whether they like it or not. (And forgiving broken promises of the past)

But you never know what the enthusiasm of the public will be. IF the public had enthused over go90 then it might have been a success in the long term. But they did not. Back in the day there were people on here arrogantly predicting go90 would be the greatest thing since sliced bread.

Likewise people may not necessarily care if their toaster oven (and everything else they own) is on the internet. There may well be a backlash paradigm shift over privacy/security concerns for example leading people to avoid technology they do not see as significantly beneficial.

Or a competitor may slide in with something better while all these plans of world domination are being hatched.

Until you truly know you have the next big hit on your hands, everything is just theoretical.

It was @1cct who went negative first. @2sms was responding in kind.

@XrxmWLm-2sms

Insecure much? This seemed like an adult conversation until you showed up. Don't worry, there's a lot of room for low skilled workers like yourself. The HCEs understand that allowing our second class workers to vent is important.

@XrxmWLm-1cct

You're another kool-aid drinker with no tech skills or knowledge. A 10 minute powerpoint presentation by some know-nothing 22 year old or out of touch 65 year old has you convinced of all your BS you spew?

GO back to pushing paper and eating dog c-ap from the BR food truck.

@1mzj, do you live in an area where it rains and snows heavily?

1gco,

While FISO is great, it only helps us in our territories.

Wireline is now only a small fraction of total revenue.

When 5G is successful, we can see in Denver, Omaha, LA, etc.

FISO will wireline alive for a while, but it is still on a death march.

Does Verizon need permission for installing 5G. If not that would be one place where 5G can let Verizon bring internet to more homes

Fiber to each and every home would require a lot of capital. Wireless into the homes provides a far less barrier to entry. How often does your directv or dish network go down!? I have had satellite cable for 10 years and rarely ever experienced an interruption. It’s transforming the way VZ does business.

Every vendor has a solution for harsh elements. Give it a few seasons and 5G will easily fix issues and compete with copper/fiber.

There is not one solitary thing that you have described @1cct that is not already provided by the FiOS fiber that is already within those homes.

Why are you attempting to re-invent the wheel?

To shift delivery from dependable wireline to iffy wireless? What happens in a snowstorm, or a foggy day? What happens to an ice-encased antenna node?

Please respond.

This whole thing smacks of The Emperors New Clothes, where those in the IT know, are too afraid of disappointing their handlers, to speak frankly of the reality of the situation, because, to do so, would jeopardize their livelihood.

People who think 5g is not the future needs to take some time for self reflection. Perhaps your still paying $20/month connecting to the internet with your 56k modem with your aol account.

5G will challenge cable providers and bring high speed internet into homes. It will allow over the OTTV and other high bandwidth apps into every consumers home. It will also provide enterprise with alternatives so we can compete in the SDWAN space. I would go on but it would take a while for you AOLers to d/l this post.

Not to be a heretic here, nor am I an IT specialist but, what if we continued to provide fiber into every home ( like FiOS ) but disallowed locking WiFi, while allowing each end user the peace of mind that it was not only safe, but also by guaranteeing they would still receive their paid for speeds?

Could we not save a bundle in such a scenario, only having to add external antenae where signals were lacking?

I’m a simple Splicer so, I know I’m not a “”big picture” guy but, is it possible?

@XrxmWLm-1dsf: How do you suppose the billions of devices will connect to bring the info to your cell phone, and it is NOT through WIFI? Verizon will make money connecting each and every device each and every month albeit at less money per connection but will definitely add revenue, lots of revenue, with great profit/operating margins, far more than you can make on content, the reason why VZ left T in the dust... Just compare the charts. VZ will go over $75 by next year and over $100 in the next 5 years.

1) VZ 5G will succeed. No doubt, VZ is a leader in the marketplace.

What exactly will 5G succeed at? 5G will bring VZ little (if any) additional revenue to the business. We may see gains in the commercial/enterprise space but 5G will do nothing for retail.

Think about it from a comsumer's perspective...what will 5G offer you that your existing 4G cell phone can't do already?

“Wireline - Poor Leadership and VSP Execution” -OP

Hey OP, stop re-writing history to save face. Wireline has always had exceptional management because there was always competition breathing down our necks ( at least since the 90s ).

Wireless, on the otherhand, was bankrolled by wireline from its infancy, benefitted economically from using inhouse wireline facilities where available, had a HUGE headstart on the competitors, and didn’t need to manage at all, as the money just kept rolling in.

It was only when competition intensified that the true colors of wireless management capabilities was exposed to the glaring light of day.

It’s easy to sell water in the desert.

Now try selling A/C in Alaska.

I think we are all now witnessing how good some folks really are now, now that there’s genuine competition.

Welcome to what wireline has been deftly dealing with for over two decades.

But, hey, there’s fun in a challenge, isn’t there? Some on the wireless side were atrophying.

Welcome back to the real world of managing in a competitive environment! It’s exhilarating!

5G may not have a market right now but its the future. This will place them in a good position. The trick is to balance between 4G and 5G

stop reading at "VZ 5G will succeed."

it actually won't, there is no market demand for it

3g to 4g affected every consumer. 4g to 5g is going to be noticeable for a fraction of people. That is just assuming the network is in place ($$$)

The FCC will not allow Verizon to sell the remaining Northeast wireline without the backbone network, this is precisely why it did not happen, trust me if they could sell it they would have certainly done that. However, there may be a way to sell wireline customer accounts to another carrier without selling the actual wireline assets that the wireless network absolutely needs.

As far as the blame, although I am not a big fan of Hans he is the least to blame here. Blame Lowell for overpaying VOD by 30 BILLION dollars, which led to the drastic cuts later on. As a high paid executive he should have foreseen the competition heating up instead he sold at the absolute worst time. Also blame Marnie who was delusional about her Go90 gig and the associated AOL/Yahoo deals that were a complete blunder. That leadership failed and was replaced by the BOD.

By enterprise, I mean enterprise-level customers under VZ Managed Services.

I agree with this post. I think the biggest threat is to the enterprise side of VES. However, wireline overall will continue to be impacted. "Wires" can be sold off like we sold off and leased back our towers. VZ is looking to save and will look for every opportunity to do so. Leadership should make some big strategic decisions and communicate those to everyone involved. Throwing a VSP out there and saying "all is good" is not acceptable right now.

One problem that Wireline has had had is the last CEOs were from Wireless. Their whole emphasis was Wireless.

Oh dear, here we go again. Someone predicting the demise of wireline. The division that provides the buildings and facilities for the backbone of the wireless network. I am trying to remember also just who owns the spectrum as well.

I continue to see more bloodletting on the wireless side to be honest. Wireless can operate like the old paper carriers of long distance. Mom and Pop operations with little more than bookkeeping, on-line sales and call-in sales. The wireless side should continue to be very fearful of their jobs.

I doubt there is a company or capital venture firm left in the U.S. that would buy a wireline facility from Verizon, what with the past record of those sales. Not to mention that Verizon have only a few States left with wireline offices and those are the backbone of the wireless net.

Certainly much of the copper plant will continue to go away but the properties will remain wireline and the backbone of the network.

and what would a bright person like you call "Verizon Wireline" ?