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Dan Schulman

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Verizon Steers Clear of a Price War, Keeping Promotions Modest
business1 month ago

Verizon Steers Clear of a Price War, Keeping Promotions Modest

Verizon has avoided launching a full-blown price war, sticking with modest promotions (like four lines for $100 with four iPhone 17s) to grow market share without hurting ARPU, while rivals haven’t slammed the brakes or launched bold retaliations. Analysts say the strategy centers on a customer-first approach rather than aggressive pricing, and the Q4 results will reveal whether more aggressive moves are needed to stem churn or capture more postpaid adds.

Verizon Appoints Dan Schulman as New CEO
business4 months ago

Verizon Appoints Dan Schulman as New CEO

Verizon has appointed former PayPal CEO Dan Schulman as its new CEO, replacing Hans Vestberg, who will remain on the board until 2026. Schulman, known for significantly growing PayPal, aims to lead Verizon through a phase of growth and sector leadership, while the company continues its acquisition of Frontier Communications to expand its broadband network. Shares dipped slightly following the announcement.