Verizon seeks to expand its fiber footprint through the acquisition of Frontier, potentially regaining old Fios subscribers lost when Frontier acquired Verizon's wireline operations in 2015.
Verizon’s consumer group CEO expressed a desire for ownership of fiber operations, stating that partnerships complicate business, citing their past experience with Vodafone as an example.
Sampath highlighted that having joint ownership can lead to difficulties in the future, emphasizing the importance of owning the entire business for sustainable growth in both fiber and mobility.
He claimed that bundling mobile and fiber services significantly reduces customer churn, with reductions of 50% for mobile and 40% for fiber, indicating strong benefits in dual offerings.
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