back to article Verizon blames striking workers for dent in sales

Fresh from its $4.8bn acquisition of Yahoo!, Verizon says its sales dropped five per cent year-on-year in its latest quarter, the three months to the end of June. Essentially, US telecom giant's wireless and wireline revenues fell over the year-ago quarter. Here's a summary of VZ's Q2 2016 results: Revenues of $30.5bn were …

  1. goldcd

    So

    Got money by selling off hardware and FiOS.

    Spent money by buying AOL and Yahoo.

    There's somebody out there who still holds the geocities domain, currently deciding how many super-yachts he'll buy himself.

  2. cd

    They only need Myspace yet.

  3. Gene Cash Silver badge

    Hm, how about blaming poor customer service and extremely high prices? That's why I left Verizon for T-Mobile.

    The coverage map is not the be-all and end-all of choosing a mobile provider.

  4. Pascal Monett Silver badge

    So Verizon is hoovering up the dredges of the Internet ?

    Nice to know that somebody is taking care of the cleaning around here. Not that I think that Verizon actually knows what it is going to do with YahAOL when it has it, but that has never stopped a merger before.

    Now the wait starts for news of the write-down Verizon will publish because YahAOL has suffered loss.

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