4.7 • 17 Ratings
🗓️ 10 October 2024
⏱️ 21 minutes
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0:00.0 | Hello everyone and welcome to Ad Barrens. |
0:07.0 | I'm Andy Surwer and welcome to our guest Hans Vesberg, CEO of Verizon. |
0:12.0 | Hans, great to see you. |
0:13.0 | Andy, great to be here. Thank you for having me. |
0:16.0 | So, Hans, can you give us sort of a state of the union, first of all, about Verizon? |
0:21.6 | What does the business look like right now? |
0:23.6 | What are some key metrics in terms of size and scale of the business? |
0:27.6 | Yeah, we of course, during the last six, seven years, gone through quite a lot of changes. |
0:32.6 | I mean, started basically changing the structure, how we go to market, consumer and business. |
0:39.3 | But we also decided to divest and invest in new areas. |
0:43.1 | We divested much of our media platforms, which was Yahoo, AOL, Huffington Post, etc. |
0:48.8 | And then we acquired a lot of spectrum. |
0:51.2 | But we also acquired a prepaid customer base, and more recently we acquired or |
0:59.2 | have the intention to acquire frontier. |
1:01.2 | So a lot of changes, a new team, new asset base, but very clear on what we want to do. |
1:06.5 | But the size of Verizon is, of course, enormous. |
1:09.9 | We hit almost 50% of all the households with the bill every month. |
1:13.6 | We are the largest wireless carrier in the country. |
1:16.6 | We're also one of the fastest growing broadband carriers in the country. |
1:20.6 | We have a huge footprint on Fios. |
1:22.6 | We are first out with fiber in the country. |
1:25.6 | Almost 8 million customers right now are a little bit shy of seven on the fiber broadband customers. |
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