BTIG's Piecyk Says Verizon Is Downplaying CEO Comments

The transcript discusses Verizon's strategic challenges, including customer loss and failed initiatives like Go90. It explores potential acquisitions as a solution, comparing Verizon's situation to AT&T's acquisition of Time Warner. The discussion includes the possibility of acquiring companies like Disney or Charter, and the need for a transformational deal. The transcript also touches on Verizon's investment in Corning for 5G infrastructure and the search for alternative strategies to address its declining business narrative.

What was one of the main issues faced by Verizon as discussed in the first section?

• A record number of lost customers

• High employee turnover

• Increasing competition from new market entrants

• Regulatory challenges

What strategy did AT&T use to address similar challenges faced by Verizon?

• Investing in renewable energy

• Developing new wireless technology

• Acquiring Time Warner for diversification

• Expanding into international markets

Which company was suggested as a potential acquisition target for Verizon to enhance its wireless network capacity?

• NBC

• Dish

• Disney

• Charter

What type of deal is Verizon primarily looking for to change its current trajectory?

• A transformational acquisition

• A small-scale partnership

• A technology licensing agreement

• A joint venture with a competitor

What investment did Verizon make to support its 5G strategy?

• A new advertising campaign

• A partnership with Google

• A merger with T-Mobile

• A billion-dollar investment with Corning