Thread regarding Verizon Communications Inc. layoffs

Hans interview on cnbc today

What is everyone’s take on this interview?
David faber says to Hans and he remembers Lowell talking about 5g and iot and years later , he still isn’t seeing it taking off.

https://www.cnbc.com/video/2022/09/15/ceo-hans-vestberg-on-competition-in-5g-marketplace.html

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Post ID: @OP+1iKdYjG5

15 replies (most recent on top)

And so Hans Der man sayeth: "put yer hands on dee 5 yeee TV and be healed"

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Post ID: @4mpb+1iKdYjG5

As if that’s a bad thing?
So shortsighted.
Globalization IS the future.
Embrace it and grow to heretofore unforeseen possibilities.
The future’s bright.

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Post ID: @3doh+1iKdYjG5

Hans, his bosses at Blackrock and his woke broke diversity hires has turned VZ into a 3rd World company.

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Post ID: @2qxk+1iKdYjG5

The recent diversity hires to run consumer and business all but guarantees a rough Q3 and ugly Q4 and 23.

None are professional telecom managers. All are consulting and investment bank woke cuties.

The only serious player left who can right these wrongs is Wendy T. But that would actually require the C suite to show real "diversity" which does not really work for the Woke.

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Post ID: @2wxs+1iKdYjG5

Hanz brought in lot of diverse “talent” to fill checkboxes. The woke mob could not be happier!

Only people upset are investors , customers , long time employees and others that “don’t really matter”

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Post ID: @1znu+1iKdYjG5

Hans does not interview well. In fact I'm not sure what he does well. He is a proven failure at leading VZ. He seems to be missing in action most of the time. VZ seems to be running on autopilot most of the time. Wake up BOD, we need a real CEO!

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Post ID: @1bob+1iKdYjG5

@1pac+1iKdYjG5

I didn't see him saying it. Most of the stuff he said was about the network and how he can charge more for better service and fixed wireless. Nothing about any new service though he mentioned Apple, Microsoft etc creating new services (which probably they will profit). He seems lost, just keeps repeating the same talking points for all questions

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Post ID: @1sna+1iKdYjG5

In his answeres it seemed he still thinks we should be something other than a telecommunications company like being a wireless carrier (or wireline provider) is some kind of poison he can’t swallow.

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Post ID: @1pac+1iKdYjG5

We are all in luck. Innovation is starting now after network deployment and innovation

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Post ID: @1zxd+1iKdYjG5

It is simple. VZ caught lightning in a bottle with 4G and iPhone 5. The speed, ability to access the web similar to home, a head start on the LTE network, had VZ ahead of the competition. Then 2015 happened and VZ decided to buyout Vodo and all he-l broke loose. The competition under cut VZ with margins and promotion. Then got enough subs tp buy out Sprint. Then got my spectrum while maintaining the uncarrier message. Meanwhile, VZ kept it’s arrogance and refused unlimited until it was almost too late, then try to become a tech company, try to become a media company, and here we are today. Everyone saw this from every level, retail rep, work force planning, HQ, Business, etc you name it. Everyone but the board. We held out margins while our competition gain subs. Big Pink is ki----g us. Big Blue is just as d-mb. We need a new direction. Our service on our network is worse! I can’t even defend us anymore w my family and friends. I tell them to shut off the 5G. No one cares about 5G!

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Post ID: @1qrg+1iKdYjG5

Faber wasn't buying that BS. The revenue isn't coming. Mmwave was a mistake

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Post ID: @mur+1iKdYjG5

Hans apparently can't afford a pair of socks. I guess he is spending too much money on bandwidth and hair products.

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Post ID: @znz+1iKdYjG5

Hans strategic direction has failed and operationally Verizon is a mess. That does not add up to good times in the near and distant future.

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Post ID: @dep+1iKdYjG5

Lowell came from wireless back in the days when all you had to do was get out of bed to get double digit growth. The smartest people in the room failed miserably when they moved over to the big club and then Lowell compounded his failed leadership by hiring Hans as his successor. Salma Hayek knows more about networks from the movie The Hummingbird Project than the network lifer Hans.

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Post ID: @jrv+1iKdYjG5

5G was always a fantasy for venture capitalist but could never seriously displace fiber or the "5g" that TMUS is peddling. Both Hans and Lowell were back bencher unsuccessful execs chasing redemption through the 5g fantasy.

5g wS and is a flim flam scam and Verizon shareholders got played by Blackstone and their fantasy spinners.

Just saying

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Post ID: @ted+1iKdYjG5

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