VERZION - SWOT ANALYSIS Strengths Verizon is well cognize as the hotshot of the biggest provider of cable slight communication in USA. Verizon has a customer operate agrounding around 50 one million million and is available in on the whole the states in USA. Also, their employee behind is very experienced and all-inclusive from variant backgrounds. Verizon offers a clustering of wireless options, such as, cellular call off, officious broadband, tablets and home phone. The conglomerate options in wireless technology found at Verizon is one of its strengths. Weaknesses A lot of their employees has reached their retreat age. Also, Verizon is arduous to expand their billet TV and home phone (Files), merely many of the commercialises and territories ar already taken by large companies (Time Warner, Cox, ATT Uverse, Comcast and more than). Opportunities The wireless securities industry is growing more and more worldwide, therefore, there are potential markets for the company to enter. Including not however topical anesthetic, just global, businesses, residential and government markets. Verizon can intimately expand and pull their market services.
Since Verizon has developed brand acknowledgment over the geezerhood it helps to gain customers credibility and offer juvenile services and products in the future. Threats wireless competition is growing in the past few historic period and competitors are oblation lower rates, around 60% less from the whole sale price. Also, a lot of local wire and wireless companies are offering the same services. controversy is high offering more choices to customers (available substitutes). The chief(prenominal) reason is receivable to the economic recession since 2008 that lead customers to pull down down their expenses and round of them clip their telecommunication services.
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