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RPM3231342
Jul 22, 2022 8:35 PM

Long term double top on VZ, PT -10 (0) Bankruptcy 

Verizon Communications Inc.NYSE

Description

Long term double top on VZ, PT -10 (0). Pretty self explanatory.
Makes sense Verizon eventually dies out. Very inefficient, high management costs, dwindling growth, towers (aging tech). Nothing to offer over the very cheap carriers other than the brand name. Plus Google just started competing with them with much more efficient satellites. It seems very inevitable that this company is done. It's an empty bag.
Comments
aipine
Funny analysis, you do realize that Verizon owns the majority of the wireless infrastructure in this country, correct? E.g. many of these budget carriers you mention pay fees to Verizon to operate. If Verizon goes away, so does wireless in general.
MrHanky123
Should maybe fact check your sources before blabbing rederick.
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