Verizon CEO Hans Vestberg Says Netflix-Max Bundle ‘Resonates With Customers’
"The more assets you have with us, the more devices you have, the more perks you have, the lower the churn is," Verizon CEO Hans Vestberg said.
Verizon VZ
Verizon, birthed in 2000 from the marriage of Bell Atlantic and GTE—an act that resembled a telecom superpower merging at a high-stakes poker table—has since been striding through the digital age with all the subtlety of a bull in a china shop. Known for its ubiquitous 4G LTE coverage and a meandering foray into 5G, the company has more towers than a medieval fortress but fewer friends in the consumer satisfaction department. The lofty goal of its 5G rollout, billed as a revolution in connectivity, often feels like a high-speed chase where the prize is still out of reach. The current valuation hovers in the tens of billions, though it’s not without its hiccups. Verizon’s scandals range from privacy breaches to labor disputes, underscoring a not-so-shiny side of corporate monoliths. Under CEO Hans Vestberg, who inherited the unenviable task of polishing this telecom titan’s tarnished reputation, Verizon remains a heavyweight that can't quite escape its reputation for clunky customer service and overblown promises. In the telecom saga, Verizon is less the hero and more the well-intentioned yet perpetually frustrated protagonist.
Verizon VZ Financial Quotes
News About Verizon
The Blindspot of ESG-Led Diversity: America’s Veterans
Standout companies like Verizon and JPMorgan Chase have shown that actively embracing veterans’ skills can enhance the bottom line with more engaged, loyal employees.
Verizon Raised its Minimum Wage to $20 an Hour As the U.S.’s Lowest Paid Workers Make Unprecedented Gains
Verizon's move on pay is another gain for low-wage workers, who, in a switch, are seeing faster increases in pay than high-wage employees.
