Question

In using Verizon Communications Inc as a case analysis, what is their product portfolio, competitors and competitive Environment?/

Answer 1

Verizon Communications is a telecom giant headquartered in Delaware. It operates inG, 5G, fiber optics and MultiEdge Commute (MEC) technology. It primary product & services portfolio covers:

• Home Services - 5G Home Internet, Fios Home Internet
• Mobile Plans - 5G Mobile & Data Plans
• Small & Medium Business Solutions - Combined solutions with internet, wireless phone and security products
• Enterprise Solutions - Transformation solutions for large enterprises

Verizons competitors include Comcast, Sprint, AT&T, Level 3 Communications and CenturyLink.

Let's understand Verizon's competitor environment through the table below:

Company Name	CEO Name	Employee Headcount	Annual Revenue
Verizon	Hans Vestberg	144,500	129.7 Billion $
AT&T	John Stankey	268,000	175.1 Billion $
T Mobile	Michael Sievert	52,000	51.7 Billion $
COX	Patrick J. Esser	20,000	11 Billion $
COMCAST	Brian L. Roberts	184,000	105.5 Billion $
Spectrum	Thomas M. Rutledge	98,000	46.6 Billion $
CenturyLink	Jeff Storey	42,500	21.6 Billion $

Verizon operates in a very dynamic and technological environment with very close competition in all it's products and services. However, Verizon is able to keep a competitive advantage through leveraging it's high fixed cost investments and scalable operations to provide a profitable & extensive coverage network to it's customers.