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(Marketwatch)   After these crappy numbers, that's not pins dropping you're hearing at Verizon, it's heads rolling   (marketwatch.com) divider line
    More: Followup, Generally Accepted Accounting Principles, Revenue, Verizon's consumer segment, recent performance, long-term strategy, Income, Rival, Net income  
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843 clicks; posted to Business » on 22 Jul 2022 at 6:12 PM (19 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



9 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-07-22 7:03:34 PM  
I guess they'll need to change their messaging from "our network is so good, you'll want to pay that premium," especially after T-Mobile aggressively built out their 5G network and left Verizon playing catch-up.
 
2022-07-22 7:57:30 PM  
I remember a time when Verizon was the absolute best option in the areas I live in and travel to. Boy that was a minute ago and they just sat on their ass, rolled out a few "we did something" mmwave setups, and marketed their non-existent 5G coverage as hard as Sprint did their 4G (except they had a good bit more to show of it with their fumbling WiMax coverage.)

Turns out the grass is greener on nearly every side that isn't Verizon for me at present. I went from optimistically getting 5Mbps in most places (often sub-megabit) to that being more like 20 to three-farking-hundred. My bill went down a bunch too. If my experience is typical, well it'd be no wonder Verizon's having a time of it.
 
2022-07-22 8:53:55 PM  

Nullav: I remember a time when Verizon was the absolute best option in the areas I live in and travel to. Boy that was a minute ago and they just sat on their ass, rolled out a few "we did something" mmwave setups, and marketed their non-existent 5G coverage as hard as Sprint did their 4G (except they had a good bit more to show of it with their fumbling WiMax coverage.)

Turns out the grass is greener on nearly every side that isn't Verizon for me at present. I went from optimistically getting 5Mbps in most places (often sub-megabit) to that being more like 20 to three-farking-hundred. My bill went down a bunch too. If my experience is typical, well it'd be no wonder Verizon's having a time of it.


And where are most Verizon customers defecting to? AT&T, which is moving even slower than Verizon in terms of their 5G rollout. Something else must be in play there, like bundling wireless in areas where they offer fiber internet.
 
2022-07-22 9:01:04 PM  

DesertCoyote: Nullav: I remember a time when Verizon was the absolute best option in the areas I live in and travel to. Boy that was a minute ago and they just sat on their ass, rolled out a few "we did something" mmwave setups, and marketed their non-existent 5G coverage as hard as Sprint did their 4G (except they had a good bit more to show of it with their fumbling WiMax coverage.)

Turns out the grass is greener on nearly every side that isn't Verizon for me at present. I went from optimistically getting 5Mbps in most places (often sub-megabit) to that being more like 20 to three-farking-hundred. My bill went down a bunch too. If my experience is typical, well it'd be no wonder Verizon's having a time of it.

And where are most Verizon customers defecting to? AT&T, which is moving even slower than Verizon in terms of their 5G rollout. Something else must be in play there, like bundling wireless in areas where they offer fiber internet.


For the moment, Tmo is actually making steady improvements to their own network. For my part, I hopped on with an MVNO that's still basically just using Tmo's network (worked out cheaper and I can't say I lost anything in the deal,) but it really is a shiat situation that we've whittled down to a whole three carriers worth a damn.

Whatever good things I have to say about one carrier will surely age like milk by the end of the decade in an environment without meaningful competition.
 
2022-07-22 9:34:54 PM  
I've stuck with Verizon for years because I travel by car a lot and they still have the best network in those hard to reach places that ATT and TMobile have just flat out ignored. Verizon was running some kind of special two months ago and they gave me $800 on trade-in for a three farking year-old iPhone, so I got a brand new iPhone 13 Pro Max, 512GB, for $600. I wouldn't have upgraded otherwise.
 
2022-07-22 10:16:42 PM  

Nullav: DesertCoyote: Nullav: I remember a time when Verizon was the absolute best option in the areas I live in and travel to. Boy that was a minute ago and they just sat on their ass, rolled out a few "we did something" mmwave setups, and marketed their non-existent 5G coverage as hard as Sprint did their 4G (except they had a good bit more to show of it with their fumbling WiMax coverage.)

Turns out the grass is greener on nearly every side that isn't Verizon for me at present. I went from optimistically getting 5Mbps in most places (often sub-megabit) to that being more like 20 to three-farking-hundred. My bill went down a bunch too. If my experience is typical, well it'd be no wonder Verizon's having a time of it.

And where are most Verizon customers defecting to? AT&T, which is moving even slower than Verizon in terms of their 5G rollout. Something else must be in play there, like bundling wireless in areas where they offer fiber internet.

For the moment, Tmo is actually making steady improvements to their own network. For my part, I hopped on with an MVNO that's still basically just using Tmo's network (worked out cheaper and I can't say I lost anything in the deal,) but it really is a shiat situation that we've whittled down to a whole three carriers worth a damn.

Whatever good things I have to say about one carrier will surely age like milk by the end of the decade in an environment without meaningful competition.


Well, Dish Network is trying to convert themselves from a satellite TV provider to a 5G mobile company, and I think they'll fail at that too. No matter what happens in a decade, AT&T will probably still suck at wireless.
 
2022-07-22 10:22:21 PM  
Well, T-mobile offered a similar network but with an addition of 5G, and I get 4 lines of unlimited data for like $20 more than what I was paying for two lines of 2GB shared data at Verizon, so...yeah I switched.

It's so much easier now that you can keep your number across carriers.
 
2022-07-22 10:26:41 PM  

DesertCoyote: Nullav: I remember a time when Verizon was the absolute best option in the areas I live in and travel to. Boy that was a minute ago and they just sat on their ass, rolled out a few "we did something" mmwave setups, and marketed their non-existent 5G coverage as hard as Sprint did their 4G (except they had a good bit more to show of it with their fumbling WiMax coverage.)

Turns out the grass is greener on nearly every side that isn't Verizon for me at present. I went from optimistically getting 5Mbps in most places (often sub-megabit) to that being more like 20 to three-farking-hundred. My bill went down a bunch too. If my experience is typical, well it'd be no wonder Verizon's having a time of it.

And where are most Verizon customers defecting to? AT&T, which is moving even slower than Verizon in terms of their 5G rollout. Something else must be in play there, like bundling wireless in areas where they offer fiber internet.


Who else provides fiber internet?  Around here it's Fios, and they tried to get us to switch to VZW when we switched to their internet service. We've been pretty happy with TMO for a decade now.

Meanwhile, my parents have Verizon wireless because they bought Alltel, who they stuck with loyally because they had 360 communications.  They've had the same "provider," just sticking with them through the acquisitions, since at least 1994
 
2022-07-22 10:33:22 PM  

Izunbacol: DesertCoyote: Nullav: I remember a time when Verizon was the absolute best option in the areas I live in and travel to. Boy that was a minute ago and they just sat on their ass, rolled out a few "we did something" mmwave setups, and marketed their non-existent 5G coverage as hard as Sprint did their 4G (except they had a good bit more to show of it with their fumbling WiMax coverage.)

Turns out the grass is greener on nearly every side that isn't Verizon for me at present. I went from optimistically getting 5Mbps in most places (often sub-megabit) to that being more like 20 to three-farking-hundred. My bill went down a bunch too. If my experience is typical, well it'd be no wonder Verizon's having a time of it.

And where are most Verizon customers defecting to? AT&T, which is moving even slower than Verizon in terms of their 5G rollout. Something else must be in play there, like bundling wireless in areas where they offer fiber internet.

Who else provides fiber internet?  Around here it's Fios, and they tried to get us to switch to VZW when we switched to their internet service. We've been pretty happy with TMO for a decade now.

Meanwhile, my parents have Verizon wireless because they bought Alltel, who they stuck with loyally because they had 360 communications.  They've had the same "provider," just sticking with them through the acquisitions, since at least 1994


AT&T has fiber in some parts of the large cities they are the incumbent telco (the old SBC/Ameritech/BellSouth). You might be lucky if your cable company offers FTTH, but those that provide it are also few and far between.
 
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