What Is Verizon Financial?
The Cost of Locations
The cost of permanent locations is higher than the cost of wireless ATMs and mobile branches. No installation costs or landline costs. You can quickly set up new locations.
Taxes are Real
Your anger is better spent on yourself. Poor credit or a poor payment history can cause financing limits to go down. You can't expect to finance a phone worth a lot of money.
Taxes are very real. You don't get to avoid taxes because you're not buying it all up front. All carriers have to adhere to that.
5G for a Global Future of Financial Services
Older systems should be more accessible. If you prefer to speak in English or Korean, you could have the same experience if you use 5G speeds. The interactions could be adapted to suit people with vision, hearing or speech disabilities.
Mastercard and Verizon are exploring ways that Mastercard's suite of products, including touchless shopping and payment, can use 5G technology to meet customer needs on a global scale in preparation of the future of finance. That could expand access to financial advice and education for people. If more young people can start off on a sound financial footing, it will lead to better habits around saving and investing.
Verizon: A telecoms conglomerate
The company known as "Verizon" is a multinational telecommunications conglomerate and a component of the stock market's broadest measure. The company is incorporated in Delaware but is located in Midtown Manhattan.
The Debt of the XYZ Company
The graphic below shows that the debt of the company increased from US$118.1b in March of 2016 to US$158.1b in March of 2021. It had US$10.2b in cash and a net debt of US$147.9b.
The Competition Between Major Carriers in a Saturated Market
The major carriers are competing for market share in a saturated market. The price war has arisen because customers must be wrestled away from the competition to spur growth.
The Business Performance of Wireless Networks
The Business financial performance is reviewed in slide 10. The Business segment delivered strong top-line growth with total revenue up 3.7%. The equipment revenue increase is the primary driver.
The first quarter of enterprise growth since the start of the Pandemic was the main driver of the 8% growth in wireless service revenue. The public sector shows strong growth over the next few years, though it's pressured by COVID-related education attrition. The second question is, the cost of service has gone up a lot over the last couple of quarters.
Is that related to C-band pre-positioning? What is the outlook for that? Thank you.
Consumer gets most of the wireless network costs. The majority is in Consumer. The majority of the revenue is from Consumer.
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