Verizon and Amazon should do the phone deal smart idea.
12 replies (most recent on top)
Who is the EVP above this female SVP within the organizational hierarchy, JR?
Both to be held accountable for the failure to the VZ's premier network shortfall?
Lynn Cox is one of the many reasons Verizon is bleeding customers. Verizon is no longer a “PREMIUM” service that it once was 20 years ago. “Can you hear me now?”
Wonder why T Mo net adds keep going up each quarter? Their price points meet most every consumer’s pocket books. It’s price that drives consumers to businesses not “premium” service at premium prices.
Nobody important!!! Not an EVP!!! Not a change agent. Inside source, worthless, because it does not take a rocket scientist to perpetually rendition, to say one thing and to do the extreme opposite, for the sake of lip service. Again, not a trusted change agent.
@ugn+1n4mJuFK look her up in the eweb
Post ID: @nsk+1n4mJuFK
Who in the h_ll is Lynn Cox???????????????
Competition resulting in a "free lunches" ruins the survival of any corporation. There is an equilibrium, fair price, for necessities. Bankrupting corporations for a free lunch causing 100k employees to become unemployment.
This disturbance in the wireless industry is welcomed for competition. Verizon is no longer a “premium” service as Lynn Cox keeps saying. No, customers don’t want to pay more for a so called “premium” service. Customers are looking to cut costs just like what Verizon should be doing. If Amazon can somehow offer wireless service for $10 or free to Prime Members then adios Verizon, may you RIP.
Google did the same nonsense about five or six years ago. This business is easier said than done and requires beaucoup capital that only generates modest returns. Telecom is a widows and orphans space and should stay there. People rely on the surety of a dial tone and a connection being there when their access their phone or an Internet connection when they boot up.
The initial news article printed by Bloomberg has been refuted. Bloomberg news should be embarrassed if this Amazon strategic plan did not have any merit?
Verizon will be forced to file for bankruptcy. Verizon should have prognosticated Amazon's competitive threat. As typical, Verizon is, as always, late to the party. Sleeping on the job with DEI and WOKE initiatives. Sleeping with the enemy, Blackrock, hoarding a large number of VZ shares. Deal making within the bedsheets due to the Blackrock board-of-directors composition, includes VZ CEO.
Amazon and Amazon Prime will be dealt with antitrust breakup.
Mission accomplished == Verizon would go bankrupt!! Verizon is lost in space. Verizon is in last place. Verizon has no strategic plan nor direction. Because of Verizon's C-Suite incompetency, Verizon is the 3rd of remaining big-three cellular wireless companies.
Most important, Verizon would drastically lose revenue. Because "all" the existing Verizon customers, defecting to Amazon Prime == assuming "all" defecting to Amazon == Verizon's revenue would be slashed by 50% to 60% at the minimum. Verizon could not sustain the current debt repayments.
Verizon is not the only option for/by Amazon.