Competition, and Debt, Could Spell Trouble for Verizon [telecom]

Oct 24, 2017 0 Replies
Competition, and Debt, Could Spell Trouble for Verizon [telecom] open original image

By Jennifer Saba



Verizon's perch as the No. 1 carrier in the United States looks secure.



The $200 billion telecom firm reported a rise in wireless subscribers on Thursday. But the gap is narrowing. Cable rivals Comcast and Charter are also offering mobile services, AT&T is trying to become a media company, and Sprint and T-Mobile may yet merge. A heavy debt load could hobble Verizon's ability to quickly change lanes.



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