Verizon CEO Hans Vestberg on Melding 5G and the Cloud

The transcript discusses partnerships with Apple Music and Disney, focusing on customer conversion models. It highlights a significant collaboration with Amazon to enhance cloud services using 5G technology, emphasizing low latency and high throughput. The transition from 4G to 5G is explored, noting its transformative potential for industries. The strategy for media properties like Yahoo is also covered, integrating advertising platforms with 5G connectivity.

What is the initial strategy used by the company to convert users into paying customers?

• Providing discounts on subscriptions

• Offering premium content for free

• Bundling services with other products

• Offering a free trial period

What is the main benefit of the Verizon and Amazon partnership?

• Improved customer service

• Enhanced cloud computing capabilities

• Increased marketing reach

• Lower operational costs

How does 5G technology differ from 4G in terms of device connectivity?

• 5G connectivity is slower than 4G

• 5G has the same connectivity as 4G

• 5G can connect more devices per square kilometer

• 5G can connect fewer devices per square kilometer

What is one of the key features of 5G technology?

• Higher latency

• Lower latency

• Increased power consumption

• Reduced bandwidth

What is the expected performance of Verizon's millimeter wave 5G?

• 100 Megabits per second

• 500 Megabits per second

• 2 Gigabit per second

• 1 Gigabit per second

What is the strategy for Verizon's media properties like Yahoo and HuffPost?

• Discontinue them gradually

• Integrate them with 5G technology

• Focus solely on organic growth

• Sell them to the highest bidder

What is the role of Verizon's media group engineers in the company's strategy?

• Developing new media content

• Working with 5G technology

• Overseeing financial operations

• Managing customer service