In a recent newsletter, Stephanie Mehta provides insights into Verizon's direction under CEO Hans Vestberg, who aims to secure the company’s future by investing over $52 billion in acquiring airwaves for wireless technology. Vestberg, who has been at the helm since 2018, advocates for a strong foundational infrastructure, promising that Verizon will maintain its position as the leading telecom provider in the U.S. for the next several decades. The emphasis is on future-proofing through these strategic investments, particularly with the rise of 5G technology.
"I promise you, 25 years from now, we are going to be the leading telecom company in this country," says Hans Vestberg, emphasizing long-term vision for Verizon.
"To do that, you need spectrum or radio frequencies for wireless communications," Vestberg explains the necessity of investing in spectrum for future growth.
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