Says will not sacrifice financial portfolios. Says believes current promotions are not sustainable for the industry. Says well positioned to accelerate growth. Says de-emphasizing low-margin revenue. Says Verizon Global Services contributing $2B-$3B of annual savings by 2025. Says capital spending to decline more than $5B from 2022 level to $17B in 2024. Says Welcome Unlimited working as intended. Says expects to be agile in the consumer unit. Says expects usual seasonality in business segment in Q1. Says cash taxes will be higher this year. Comments taken from Q4 earnings conference call.
Published first on TheFly
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