Telecompetitor Arches

Verizon Dodges Bullet by Averting Strike

today by reaching an agreement with the two unions representing 65,000 workers in the company’s Verizon Telecom business group in 10 Northeastern and Mid-Atlantic states and Washington, D.C. Given these evolving competitive times, the last thing Verizon needed right now is a strike. Don’t buy the PR speak that says the strike wouldn’t have materially impacted operations. I lived through one as a former management employee of Bell Atlantic. They are quite disruptive. There is no way Verizon wanted to give its cable competitors a potential marketing opportunity, by way of exploiting disruptions in Verizon’s service because of a strike. Given , a Verizon strike would have been welcomed and leveraged by their cable competitors. You won’t here Verizon admit it, but they just dodged a bullet.

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