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Verizon makes no progress in a year, thinks that’s just dandy

You could barely hear the executives at Verizon speaking on their annual results call for the noise of them patting each other on the back. This is a company that has few ideas of where it is going and fewer about how to get there. Yes it had tremendous results, but the new tax regime, which allowed it to take an almost $10 billion tax gain, compared to negative taxation of $7.4 billion, on an almost identical year, is entirely the cause. The key message was that while others – AT&T, T-Mobile and Sprint – had a major offer in video, Verizon didn’t need one, as it has still managed to attract 1.2 million new connections during the year. This…

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