IDG Contributor Network: CEO Hans Vestberg is changing Verizon leadership to focus on 5G
It sounds like new Verizon CEO Hans Vestberg is making some serious leadership changes. I think this is exactly what he needs to do. The reason is his desire for Verizon to be a leader once again in the coming 5G wireless revolution. If they want to be a leader, not a follower going forward, then they need to make some serious changes. Good goal. Next question, will he be successful?
Over the last decade, Verizon has been a mixed bag of successes and failures. Over that time, they have generally rewarded investors and had happy customers. They are the highest priced competitor, but their network is no better than AT&T. They used to be a leader in the wireless and telecom space, but that was a long time ago.