Essay: Threats of Verizon Company
The technological change in the telecommunication industry is a large threat. to the Verizon There is the risk that the wireless technology and platform can take over the traditional business of the company making its technology redundant and obsolete.
The company’s operations are highly mandated by the policies and the regulations that are passed by the federal governments of its regions of operations. Future changes in these regulations can demand significant change in the operations of the company.
The company is facing intense competition. The main competitors of the company include Airtel, AT&T, Sprint Mobile, Time Warner Cable as well as 15 more cable and communication companies. Furthermore, the company has a structure which demand high cost resulting in difficulty for the company to offer customers its products and services at lower prices.
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