Slowdown in the number of 3G Users, Increasing Verizon Profits
The latest news on the Wall Street Journal today was on one of the biggest phone carrier company, Verizon, Inc. Statistics shown by the Wall Street has indicated a decrease in the company’s total annual revenue. One of the reasons is due to the competition with AT&T, the other largest phone carrier companies in the country. Since it is such a craze now to use Apple products now that most of the customers are attracted to Iphone contracts provided by AT&T. Thus, leading to a decrease in the number of customers in signing smart phone contracts with Verizon, Inc. Because Internet is such a daily necessity for most of the people now, 3G phones and smartphones are the best choices for students, businessmen and women in the society.
True, if the competition between the nation’s largest phone carrier companies, we will benefit from the new policies and products they provide. Although America is still experiencing deflation, new products still seem attractive more to us. I think in this globalized world, if these two companies expand their markets to developing countries and contribute their efforts in making a better connected world, we will have more opportunities in understanding other cultures and customs and hence will have less ethical issues.
Miki
1 comment:
While you have a good point and it is supported with a WSJ article, you only merely mention the topic of ethics. What are some possible ethical issues involving the competition of AT&T and Verizon? Additionally, what ethical dilemmas are involved with global expansion? Don't forget to comment!
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