Matthew Ellis
Yes, so we'll - some of the organization changes will kick in at the start of the new year. From a reporting standpoint, it will be the second quarter before we are in a position to report under the new structure. And we'll obviously provide additional reporting as we go through that, so that people can pivot with us as we do that. But we'll start to see that change in the org structure starting in the new year.
This restructuring is all so they can siphon money from existing network revenue into paying for 5G. Then, on the webcasts, they will tell you how well 5G is doing and how Consumer, Business and Oath are losing them money. They need to keep them around long enough to subsidize 5 g.
Stock is 59, I guess your not reading behind the scenes.
@W8zERRV-csd that is the not-so-valued shareholders version, you're not reading the "air-quotes" around the following:
organization changes, new structure, investment, and honored.
I got:
Dear Valued Shareholder,
(bla, bla, bla....)
I’ve just announced a new operating structure based on three customer-facing areas – Consumer, Business, and Verizon Media Group. This change will take effect January 1, 2019, and we expect to shift to financial reporting under the new structure in the second quarter of the new year.
In the meantime, thank you again for your investment in Verizon. We are honored to have you on our team.
Hans Vestberg
(I wonder what the letter said that was sent to the not-so-valued shareholders. 😜)