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Verizon to buy out more than 10,000 employees, take a $4.6B hit on Oath

SEC filing details charges for buyout, plus a $4.6 billion hit as Oath flounders Verizon will buy out about 10,400 management employees at a cost between $1.8 billion to $2.1 million and about half of them will leave the company this month, according to a...

Verizon reorganizes into consumer, business and media units

New Verizon CEO Hans Vestberg based re-org on customer segment After reportedly considering a reorganization plan and speaking with internal executives for several months, Verizon CEO Hans Vestberg has re-aligned the carrier into three business groups based on the type of customer segment it serves:...

As Verizon shifts content strategy, T-Mobile US CEO bids Go90 a snarky farewell

Verizon's Oath will now serve as primary content distribution platform Verizon launched its Go90 mobile content distribution platform in 2015 in partnership with broadcasters MTV, Comedy Central, ESPN, Vice and other media producers. In June, the operator pulled the plug on the service, opting to...

Global or stay close to home: Which marketing strategy will drive T-Mobile and Sprint post-merger? (Reality Check)

  Recently, Sprint and T-Mobile confirmed their merger. Back when the possibility of such a consolidation was announced, there was a lot of speculation about what this could potentially mean — not just for the telco industry, but for marketers within that industry as well....