Verizon CEO Vestberg on Bond Sale, 5G Strategy, Stimulus

The transcript covers Verizon's capital allocation strategy, emphasizing debt management and investment in business growth. It discusses the utilization of 5G spectrum, economic impacts of stimulus packages, and infrastructure development. The conversation also touches on supply chain management, industry challenges, and the performance of Verizon's media business. The company is confident in its strategic plans and future growth prospects.

What is one of the key components of Verizon's capital allocation strategy?

• Paying down debt

• Reducing employee benefits

• Investing in new startups

• Expanding into international markets

How does Verizon plan to utilize its 5G spectrum assets?

• By selling them to competitors

• By using them for 4G expansion

• By developing multiple business cases on the same technology

• By focusing solely on mobile phones

What is the expected timeline for Verizon's deployment of the newly acquired 5G spectrum?

• By the end of this year and 2023

• Within the next five years

• In the next decade

• By the end of next year

What is one of the anticipated effects of the stimulus package on the US economy according to the transcript?

• It will lead to a recession

• It will only benefit large corporations

• It will have no impact

• It will boost the economy

What are the three key aspects of the 21st-century infrastructure mentioned in the transcript?

• Speed, reliability, and cost

• Accessibility, affordability, and usability

• Innovation, technology, and growth

• Security, privacy, and efficiency

How has Verizon addressed potential supply chain issues?

• By securing long lead times and working closely with suppliers

• By reducing production

• By outsourcing to other countries

• By halting all new projects

What recent achievement is highlighted about Verizon's media business?

• It has been rebranded

• It has been shut down

• It has been sold to a competitor

• It is growing almost double digits