Thursday, January 21, 2016

Verizon Intends to be First with 5G in U.S. Market

Verizon intends to lead th deployment of fifth generation networks in the United States, a stance completely consistent with its fundamental market positioning, company culture and past behavior.

“Leadership in 5G technology is another strategy to extend our premier network position,” said Fran Shammo, Verizon CFO. “We will be the first company to roll 5G out in the United States.”

“Entering 2016, we are confident in our three-tier strategy,” said Fran Shammo, Verizon CFO. That strategy builds on “leading at the network connectivity level,” as well as “developing new business models for video and Internet of Things.

Finally, there are incremental monetization efforts. But Verizon builds on network strategy, while developing big new business models.

“We remain committed to consistently investing in our networks for the future,” said Shammo.

Some might make a caveat, however. Verizon will invest when there is a return. The first tier one provider to make a commitment to fiber to home technology, Verizon now obviously questions the payback model, which explains its halt on FiOS extension to every market.

Expect AT&T to behave consistent with its own strategy as well, which is to be a fast follower. AT&T did that with 4G and some of us expect the same approach to 5G.

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