Every industry and business sector has been consolidating into fewer and fewer companies, which grow larger and larger, at the expense of the companies which don't survive. They're called mergers, but what they really are is a consolidation of power into fewer and fewer hands.
When you see it happen, take note of the big companies which were not part of the merger, because their days are numbered. Verizon is such a company, and this is all planned decades in advance. Employees think management is incompetent for not being able to be "price competitive" and other bad decisions.
Do you really think the top brass doesn't know Verizon isn't price competitive? If the lowly retail worker knows it, trust me, the CEO knows it. Stop assuming you know more than the CEO, and consider that maybe the agenda is bigger and far more complex than you presume.
Consolidation must happen because there is a worldwide plan to have fewer, but larger corporations all connected together into a single product supply chain. Again, WAY over the pay grade of most of you. Do some research, educate yourself as to what's going on in the world instead of assuming you know more than those who run the largest corporations in the world.
Yes, Verizon's days are numbered, and it's all by design. Don't worry about the top brass, they'll be just fine without Verizon, as they'll just slide into their next role. You on the other hand...