CEO: Investment in America

Why Verizon just made a big investment in America amid the coronavirus: CEO

https://finance.yahoo.com/news/why-verizon-just-made-a-big-investment-in-america-amid-the-coronavirus-ceo-154612304.html

Verizon Communications CEO Hans Vestberg has stepped up with a big investment into an America reeling from the debilitating effects of the coronavirus outbreak.

The communications and media giant recently unveiled a $500 million increase to its capital expenditure spending this year to support investments in its network infrastructure. Verizon will now spend a total of $17.5 billion to $18.5 billion in capital expenditures this year, compared to $17 billion to $18 billion previously.

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6 replies (most recent on top)

Its cool how network builds are part of an essential employees responsibilities during this outbreak.

Keep building. Who cares about the frontline shmucks right?

Another 3%

Yeah I was embarrassed
Many SVPs commented how on this and how amazing it was
First it’s $500M on $18B. Any id–t aside from an SVP or VP would know that’s a joke
Plus we always under run our capital anyway
Finally this will be a reason why we let go more expeNse people

Just another Hans job that VPs like on social media

Typical Verlieson spin tactic.

The article should be titled: Why Verizon Just Made a Big Investment in ITSELF Amid the Coronavirus: CEO

This company is souless. Even in the event of a national emergency where people are dying, Verlieson thinks of news ways to lie to the public.

BAU

There goes our chance for a STI next year

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CEO: Investment in America

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