Thread regarding Verizon Communications Inc. layoffs

5Ghee. Could be worse. If it was 5Z he would probably pronounce that as 5Zed.

5Ghee. That’s part of the problem when the CEO can’t pronounce 5G correctly.

Verizon know 5G is bad for you.

The delay started...have not you noticed the recent layoffs?

Bad bet from Hans & Kyle , they needs to pay the price for this Blunder , the audacity of them to say stock went down due to industry wide issues when T-mo just added a million adds !!! what a bunch of losers.

And I thought engineers were supposed to be intelligent.

@sls+1dFKoD54... as a wireless engineer, I am far more concerned about the vaccine mandates being forced on us. I really don't care about anything else right now.

@wcy great post and thanks for the detail. Regardless of whether vz works through this faa issue the unfavorable optics and press will remain and that doesn’t bode well long term. T mobile used to have to worst quality and once the got their hands on that sprint mid band they jumped ahead of vz and att.

More Vaccine talk and less business talk.

This is what happens when accountants and customer service people are allowed to run a fairly sophisticated American telecom 'engineering' behemoth.

Apparently there may not have been enough duck and bunny preso slides to explain this to the powers that be.

Why does history keep repeating itself here?

It seems that the only good deal done for the shareholders and employees was taking out Vodafone.

"Call for Marni, may I"

This has been a fantasy disaster from the beginning and the millimeter wave waste of money. Now we are impeding air traffic systems. And more wrongly than right, too many citizens groups are voicing concerns to their local politicos that they are concerned about being fried like bacon in a 5G microwave.

Compare this ham fisted approach to T-Mobile's less bombastic foray into 5G, which allows them to be bombastic about

Time for a new board, or does Blackrock and Vanguard want the company to become a social justice company and fledgling telecom?

This really is embarrassing, they are laying off the wrong people:

https://www.t-mobile.com/news/business/t-mobile-q3-2021-earnings
Consistent and Profitable Customer Growth

Postpaid net additions of 1.3 million, best in industry and raising 2021 guidance
Postpaid phone net additions of 673 thousand, 2.1 million year-to-date increased 50% year-over-year
Postpaid account net additions of 268 thousand, best in industry
Strong Financial Results Drive 2021 Guidance Raise for the Third Consecutive Quarter

Record-high Service revenues of $14.7 billion grew more than 4% year-over-year, including industry-leading Postpaid service revenues growth of 6% year-over-year
Strong Net income of $691 million and diluted earnings per share (“EPS”) of $0.55 included higher merger-related costs year-over-year, and Adjusted EBITDA(1) was $6.8 billion
Record-high Core Adjusted EBITDA(1) of $6.0 billion, best growth in industry and raising 2021 guidance
Net cash provided by operating activities of $3.5 billion increased 25% year-over-year, raising 2021 guidance
Free Cash Flow(1) of $1.6 billion increased more than 4x year-over-year, best growth in industry and raising 2021 guidance
America’s Largest, Fastest and Most Reliable 5G Network Further Extends its Lead

Extended Range 5G covers 308 million people and 1.7 million square miles — most available 5G network in the world(2)
Ultra Capacity 5G covers 190 million people and can deliver speeds of 400 Mbps or more, on track to cover 200 million people nationwide by end of year(3)
A dozen independent third-party network benchmarking reports show T-Mobile customers consistently get award-winning 5G, including the fastest average speeds, broadest coverage and most reliable 5G

Give up on 5G, wireless & Fios. Company should just concentrate on vaccine mandates & diversity,

Vz would need to adjust their 5G deployment plans to avoid accidently broadcasting into a nearby airports ILS system /pathway.... just to be safe. Any wireless engineers out there to chime in?