Case Analysis Of One Verizon

As the largest telecommunication company in the United States, Verizon sells the superiority of its network as the number one competitive advantage. However, over the course of a decade the telecommunication industry changed and having the best network was simply not enough to stay relevant. Telecommunication is an expensive business. “The financial challenges of keeping up with rapid technological change and depreciation can be monumental” (Investopedia, 2015). The Porter’s 5 Force Analysis of the telecommunication industry revealed that the availability of substitutions are high. This drives increase competition in the industry. Furthermore, deregulation has helped to increase new entrants. Nearly all consumers have cellular devices. This has created a saturated market that drives profitability down because companies have to offer lower prices to compete with competitors. Because of industry trends, Verizon has been constantly restructuring to reduce costs, increase efficiencies, and align the company’s One Verizon vision with the company’s departments. The shift to the One Verizon model resulted in analyzing of all departments within the company. The One Verizon model is

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