Thread regarding Verizon Communications Inc. layoffs

Did you see T-Mobile results??? They are ki-ling us!

Unbelievable! Consumer results are off the charts. Who runs that place?

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Post ID: @OP+1nP9G990

18 replies (most recent on top)

Hans solong!

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Post ID: @4ejl+1nP9G990

Think of every one of these downvotes as exactly how the company has been treating the customer since HV took over. T-Mobile makes its customers feel like they got in on something good, and T-Mobile then reinforces that regularly. We do everything that we can to annoy customers. Must be some globalist thing, like throwing rocks at people to get their attention.

There needs to be significant layoffs at the director and VP levels.

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Post ID: @4mho+1nP9G990

which senior managers are making all these downvotes u copium fu--s

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Post ID: @4aum+1nP9G990

Mint, which runs on T-Mobile, offering $15/month service. Boost from Dish at $25/mo on Amazon Prime. It's a race to be cheapest, meanwhile we are raising rates and confusing customers with myPlan. It's a recipe for a disaster ahead as interest rates go up on Vz debt and revenue declines.

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Post ID: @1jsk+1nP9G990

Because they didnt lay off their best talent. There is a reason why those laid off made so much money.

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Post ID: @1thv+1nP9G990

Wompity womp

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Post ID: @1ngc+1nP9G990

T-Mobile cherishes and values its customers and keeps churn to a minimum and banks net adds for more than 24 quarters.

Neither Hans nor any of his direct reports care for the customers AKA cash flow like T-Mobile.

Until the top five are removed this stock will go nowhere. The Street now knows the score after Ellis's departure and the most recent earnings announcement. I would expect two more layoffs before year end.

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Post ID: @1ctx+1nP9G990

It is all about the corporate free cash flow. This starts with top line growth and revenue.

T-Mobile can give you all the freebies however missed the revenue growth!!!

And T-Mobile did not have an increase in their bottom-line profits.

Market saturation -- too many competitors within the same US geographical space.

The current American antitrust law framework, which focuses on keeping consumer prices down, cannot account for the anticompetitive effects of platform-based business models.

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Post ID: @dks+1nP9G990

T-Mobile US (TMUS) late Thursday recorded its highest second-quarter phone subscriber additions in eight years, but the wireless company's revenue declined and missed market revenue estimates.

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Post ID: @wdx+1nP9G990

Tell me more , Tell me more ! ( John Travolta add is great )

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Post ID: @zmf+1nP9G990

T-Mobile Logs Second-Quarter Phone Subscriber Growth; Revenue Falls, Misses Estimates

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Post ID: @nxw+1nP9G990

All lies

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Post ID: @onf+1nP9G990

Scary, for Verizon's employees and Verizon's shareholders.

However, market saturation, the pie is only so big and connect not be expanded.

Where is Verizon lacking in terms of other offerings and bundling's??

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Post ID: @iau+1nP9G990

yeah my buddy who has tmobile has 7 lines but only pays for two. He said every time he goes in the store they offer him a new line with out his bill increasing

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Post ID: @fja+1nP9G990

It's easy to add that amount of subscribers when they constantly run free line on us promos. Sure they've got lots of adds, but they aren't revenue producing. Eventually that will come back to bite them.

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Post ID: @awk+1nP9G990

Jon Freier. I worked in his organization about 12 years ago. Good guy.

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Post ID: @ccx+1nP9G990

T-Mobile, in the second quarter of 2023, gained 760,000 new postpaid phone customers, a figure the company said was its best performance in the second quarter in eight years.The company again raised its expectations for the full year 2023 in terms of customer growth. T-Mobile now expects between 5.6 million and 5.9 million postpaid net customer additions this year, an increase from its guidance of 5.3 million to 5.7 million.
The move comes just months after T-Mobile introduced its new Go5G rate plans.
"If you were wondering how T-Mobile would perform if growth in our category moderated, I think you'll find the answer in our latest results," Mike Sievert, CEO of T-Mobile, said in the company's earnings release. "We are the one to watch – with no plans to slow down."
Verizon earlier this week reported total postpaid phone net customer additions of roughly 8,000 during the second quarter. That figure comprises around 136,000 net customer losses in Verizon's consumer-focused business, offset by 144,000 net customer additions in Verizon's business-focused division. Meanwhile, AT&T reported 326,000 new postpaid phone customers in the second quarter, which is below the 424,000 it reported in the first quarter.
That, according to the financial analysts at Evercore, represents "continued normalization of industry growth." The US wireless industry has been growing at an oversized rate in recent years, and most expect that growth to moderate in the coming months.
The growth opportunities we've been sharing with you ... really are unique to T-Mobile," Sievert explained during the company's quarterly conference call. The operator expects growth in sectors ranging from fixed wireless to business markets to rural areas.
A big part of T-Mobile's strategy involves offering speedy 5G connections. On that topic, the company's new networking chief – Ulf Ewaldsson – said T-Mobile now covers 285 million people with its midband 2.5GHz network. He said that figure would rise to 300 million by the end of this year.
Moreover, Ewaldsson said T-Mobile has a wide range of additional spectrum resources – from C-band to 3.45GHz to 2.5GHz – to add to its network to improve it. "We have lots of room to move ahead," he said.Sievert confirmed that T-Mobile is "in discussions" with Dish Network for $3.59 billion worth of 800MHz spectrum licenses. Dish has the option to purchase that spectrum as part of the companies' 2019 agreement. But it's not clear whether Dish will be able to cough up the money necessary to close the transaction."We're still waiting on Dish's decision," Sievert explained.
Cox, Charter Communications and Comcast now offer mobile services through a partnership with Verizon. And Comcast and Charter have recorded significant successes in the effort; Comcast, for example, reported the addition of another 316,000 mobile lines in the second quarter, just below the 317,000 it added in the year-ago quarter."There are a lot of brands that have been affected by this," Sievert said, without naming any. "As you can see by our performance, it's not affecting our results."Sievert said T-Mobile continues to gain ground against the nation's cable companies in terms of the number of customers switching to new providers. Sievert speculated that the cable companies may be gaining new customers from prepaid providers, or from among customers new to the wireless industry. But he said cable companies are not stealing T-Mobile's customers."T-Mobile is winning the switching decisions," he said.
The analysts at New Street Research estimated that 80 percent of Verizon's $618 million in wholesale revenue in the second quarter came from cable companies. The analysts speculated on a variety of reasons why Verizon's wholesale revenues aren't increasing at the same pace that the cable companies are growing their mobile business. They said one possibility is that "cable is offloading an increasing share of traffic to their Wi-Fi networks."

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Post ID: @poe+1nP9G990

Professionals with vision and skill.

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Post ID: @occ+1nP9G990

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