In: Finance
Verizons Investment Thesis.
Ans; Verizons Carriors is a good business and the best of U.S carriers.The firm has most consistent performance over 18 years of services.This company was founded in 1983 and headqurtered in Newyork.
Investors sold Verizon shares due to following reasons;
-Growth was stabilised and revenue from sell operation remain flat over future.Modest revenue growth speculated and 5g leadership risen
- Top competitors of Verion communication inc AT & T and other show lower price earning ratio, wheree Verizons inc reflected high ratio.
-A potential merger of Sprint and T mobile could pose a threat to verizon communication along with others effect.
-Verizon's earning in 2020 jumps from 2% to 4%
-Verizon is testing 5g broadband services to home in four cities, houstopn, indianapolis,loss angeles,and sacramento. Hopwevre it doesnot expect revenue from 5g services in nearest future.