Inside the Frantic Push to Reverse Verizon’s Decline

Verizon is facing significant challenges, prompting a leadership change as the board has lost confidence in Hans Vestberg's network-first approach. His successor is set to initiate major cost reductions to reverse the company's decline. This situation is compounded by reports of alarming customer losses, as highlighted in related articles. Verizon's strategy to regain market share includes introducing free offers to attract customers, reflecting a bold move to compete more effectively. The urgency of these changes underscores the critical state of Verizon's market position.