Verizon CEO Vestberg Says 5G Tech Just Got Real

The transcript discusses Verizon's 5G network expansion, highlighting its coverage in urban and rural areas, and the collaboration with Apple for 5G iPhones. It addresses economic challenges during the pandemic and the anticipated demand for 5G phones. Verizon's investment strategy, including increased CapEx and green bonds, is outlined. The competitive landscape, including Verizon's acquisition of Tracfone, is also covered.

What is the main focus of Verizon's 5G deployment strategy?

• Reducing network costs

• Expanding 4G coverage

• Building Ultra Wide Band in multiple cities

• Partnering with LG exclusively

How does Verizon ensure the stability of its 5G network?

• By reducing network speed

• By launching half-baked solutions

• Through collaboration with Apple

• By limiting access to major cities

What is Verizon's approach to expanding 5G to suburban and rural areas?

• Ignoring these areas

• Focusing only on urban areas

• Waiting for the right commercial moment

• Partnering with local ISPs

What financial strategy did Verizon adopt during the pandemic?

• Focusing on short-term profits

• Increasing CapEx guidance

• Halting all investments

• Decreasing CapEx spending

How is Verizon addressing climate change in its financial strategies?

• By reducing network expansion

• By ignoring environmental concerns

• By issuing green bonds

• By investing in fossil fuels

What is the purpose of Verizon's acquisition of Tracfone?

• To enter the luxury phone market

• To eliminate competition

• To expand into prepaid and value segments

• To focus solely on 5G technology

What is included in Verizon's unlimited plans to attract customers?

• Free international calls

• Disney Plus and Apple Music

• Unlimited data with no perks

• Exclusive LG phone deals