Verizon Communications Inc. Lays Bare its Cards
The firm’s CFO Fran Shammo recently had a chat with Barclays’ analyst Amir Rozwadowski. Fran talked about Verizon’s “steady focus on its multi-year dual play strategy”. The analyst expects Verizon to shift from transition mode to execution mode going into 2017. There are worries about strong rivals. Despite this, the firm still focuses on its multi-year dual play strategy. This is “a targeted growth of its addressable market (MediaCo, IoT)” . There is also “a steady focus on efficiently raising network quality (5G, fiber),” the analyst wrote.
For one, there is the focus on network quality. T-Mobile and Sprint have let the cat out of the bag on new unlimited plans. But Verizon still focuses on network quality. It feels this will help tell apart the firm from rivals, mainly in its prime user base. Next, network investment is not likely to come down. The firm still gives weight to steady network investments, as 5G leadership is a core part of its overall strategy. “The firm expects savings from many software-based goals (i.e. SDN, NFV, C-RAN, etc.). But, instead of bringing down the amount of capital, the firm expects to put those savings to work. This money will be used in densifying its network and fiber backbone to add to the current network capacity. It will also create the base for an efficient move to 5G,” the analyst wrote.
Finally, he noted that as the firm shifts from transition to execution mode, “we look for further evidence of the financial benefits of its strategy to build throughout 2017.” The firm had also talked about its strategy at the Robert W Baird Global Consumer, Technology & Services Conference.
Free Calls to Italy for Quake Relief
More than 160,000 of the firm’s employees worldwide want to support their friends and family in Italy. The nation has been impacted by the 6.2 earthquake. Verizon Communications Inc. is offering free wireless and wireline calling from the U.S. to Italy to connect with family and friends.
The Country Caller reports that Verizon’s FiOS has ‘merged’ with Disney Movies Anywhere. The former is to be the latter’s first multichannel video content distributor, leading to growth in its digital services. Ken Bock writes that Verizon recently ‘merged’ its FiOS service, also known as ‘FiOS by Verizon’, to Disney Movies Anywhere. This move was a result of constant efforts by the latter. Disney has always tried to give its users many ways to watch and buy their favorite movies. This includes Pixar, Disney, Star Wars, and Marvel movies. By this move, the New Jersey-based firm will make use of Verizon’s cloud-based platform. The launch came in at the release of one of the famous hits, The Jungle Book, on the digital platform.
With this move, users of the Texas-based firm can now be a part of the Disney Movies Anywhere ecosystem. Users in the US can readily and seamlessly mix their digital movie collections with that of the platform. This will allow them to watch movies whether they are in the living room, or on their smartphones. They can also buy digital movies directly from FiOS, from the Disney Movies Anywhere platform supported by their devices. Dan Cohen, Executive VP of Pay Television, is sure that this move would help the platform. It will lead to growing its reach across many devices and platforms. It will also help them be in sync with their users’ digital collections.
Also, one of the Executive Directors of Verizon Communications Inc. , Tricia Lynch showed more or less the same sentiments for the platform. She stated: “Disney Movies Anywhere is the perfect fit for families on the go”. She acknowledges that the partnership would make it easier for her consumers to access Disney movies. Users can be on their TV sets, tablets, or smartphones using ‘FiOS on Demand’ or the FiOS mobile app. Thus, she is happy to join Disney’s efforts of continuous innovation.
Also, not only can the users have access to a better experience of home entertainment, they would also get easy access to a wide variety of content that is known to be family-friendly. They will also have access to the full Disney Movies Anywhere library from their current set-top box. To promote their move further, Disney Movies Anywhere has planned to give a free-of-cost digital copy of Monsters, Inc., one of the classics of Disney and Pixar. The offer would be available only for a limited time but would be extended to both existing and new customers. The offer is said to be valid till Wednesday, September 7 of this year.