Added some news and company/org weblinks to support original post
Do not call us Wrote:
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> With both Verizon FIOS/wireline and Verizon
> Wireless sides, at times customer service not
> doing what is right for the customer, even for
> reasonable requests. Recent wireless technical
> issue with Samsung phone product, not even 2nd
> level technical support knew the answer, and
> eventually found the answer on social media. With
> something that should be simple as an order change
> of FIOS services, again a few hours on the phone,
> so upsetting helping an older non tech minded
> relative in tears after the call, even after
> speaking with a call center supervisor.
https://www.bbb.org/us/ny/new-york/profile/telecommunications/verizon-communications-0121-411/complaints
> Verizon's
> cost cutting over the years hurts the customers,
> and learned over 20% of their workforce was let go
> earlier this year or in the process of happening.
https://www.forbes.com/sites/jeanbaptiste/2018/10/05/verizon-lays-off-44000-transfers-2500-more-it-jobs-to-indian-outsourcer-infosys/
>
> Verizon also lost many landline customers, plus
> those using steaming services instead of
> FIOS/cable TV. In addition going forward, revenue
> and cost pressures with Verizon:
> - Over $100 billion in debt being one of the
> largest debt loads of any company in the USA, much
> of that from acquiring British Telecom years ago.
https://www.macrotrends.net/stocks/charts/VZ/verizon/debt-equity-ratio
https://www.reuters.com/article/us-verizonwireless/verizon-vodafone-boards-set-to-vote-on-130-billion-wireless-deal-idUSBRE97U0GO20130901
http://verizon.api.edgar-online.com/EFX_dll/EdgarPro.dll?FetchFilingConvPDF1?SessionID=Um53U83jQz6d-ad&ID=13233286 (see pages 113-114 of 190 for financials)
> - Loss of customers with turn off of CDMA wireless
> service later this year. So far, that has not
> been well communicated, and perfect storm come
> later this year during the holidays and the winter
> when customers, especially with older flip phones
> are stranded with non working phones which
> expecting damaging news media heyday.
https://www.verizonwireless.com/support/knowledge-base-218813/
Will everyone, really everyone, see this buried down in Verizon's website?
> - Roll out of 5G wireless service, quite labor
> intensive and expensive with cells no more than
> 2000 feet apart, plus if read thread on
> howardforums.com Verizon Wireless subforum, some
> question whether many millions will buy into it at
> $10 monthly higher price when 4G gives adequate
> speed. Verizon with some smaller digital ventures
> have not had much success.
https://www.tysonsreporter.com/2019/01/07/what-5g-means-for-tysons/
>
> Is this the kind of company you want to deal with?
> Goliath is already being chipped away, they would
> have more customers if they did things mostly
> right for the customers. MCI did, but failed when
> lost the foresight of getting into cellular in the
> late 1990s. With Verizon, with lot of hours spent
> getting answers to questions and issues resolved
> over the phone (Googling not always have answers),
> one cannot live your life for Verizon nor is
> Verizon your god.