Happy former 30 year employee and current interest is only as an investor. Verizon needs to become a pure play Consumer focused company Wireless/Internet. Parts are worth more than the sum. Verizon Business would be one example. Sell it and other lower margin businesses to PE markets. Regulated side is more difficult to divest due to the obvious reasons.
6 replies (most recent on top)
We need to reorganize again. That is always the solution until the board forces layoffs. But until then, we reorg! It’s the Verizon leadership way. Mark it on your post it notes and confirm assimilation in the pulse surveys. Everything is awesome! Jomo!
Commical post... rather than divest low margin business units how about not buying them in first place... Yahoo, Red Box, Blue Jeans, GTE Hillbilly Telcom, Frontier, etc
So you really have no business on this site anymore. It's sad that you can't move on.
I think the problem with selling Verizon Business......who would buy it?
Wow more talk of gutting verizon as a solid strategy. Many parts of vz may be unprofitable but add value propositions that feed into other funnels. Dan wants to see VZ sold off for parts. That weakens out overall market position and makes us vulnerable for acquisition
@OP Verizon Business may have less margin than consumer but it is still a profitable segment of the business and is not losing revenue. Verizon Business has also been historically more consistent than consumer in regards to being net positive for phone and FWA adds. Dan mentioned in the earnings call they are sunsetting Verizon Business wireline as that is not a profitable segment of the org. Outside of that we still need VZB. All other major carriers have a business sector in their organization that would be mad for Verizon to be the only carrier not offering business specific plans and products and would contribute to overall churn you can’t just migrate those people to consumer.