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Analysts Believe New BYOD Offers Pose a Threat to Verizon Wireless

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It looks like Verizon Wireless is currently facing a big threat from its competition. Now that companies like Sprint and Comcast's Xfinity Mobile have taken on the Bring Your Own Device (BYOD) trend, analysts from Deutsche Bank believe there is some healthy competition that can be expected by Big Red. 

Nowadays, people hold on to their devices for a longer period of time. This is largely due to the prevalence of options like equipment installment plans (EIP) and 'no-subsidy' rate plans that aim at giving customers incentives for holding onto their devices. And with the onset of different BYOD promotions offered by wireless companies as a way of enticing customers to switch carriers, this could be a pretty big problem for big stateside carriers such as Verizon. 

One such threat that Verizon is facing comes from Sprint, who is currently trying to convince the carrier's existing users to switch to their network. How is it doing this? By offering a free year of unlimited service. The other threat comes from Xfinity Mobile, which currently supports BYOD from select devices. It's important to note, however, that the MVNO runs under Verizon's network. 

Although these could be big blows to Verizon, there is reason to believe that things won't be so difficult for the carrier. Analysts from Wall Street predict that the carrier could be reporting solid numbers in its Q4 earnings call, which will take place tomorrow. 


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12 comments:

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  1. Verizon is always behind times, and it will be their demise!

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    1. If they have ALWAYS been behind the times, how have they lasted this ling? And with their rates to boot. Looks like they have something that many people want.

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    2. Yes, they have the best network. Still...

      If someone wants to make as sure as possible their phone will work in the US, they have to go with Verizon. Like it or not, that's how it is right now. Anything else is putting up with ever greater prevalence of "no signal". Verizon provides the best security. If money were No Object, I would be with them in a heartbeat.

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  2. Christine, I don't think that any sort of threat can come to Verizon from an MVNO that hardly anyone has ever heard of or uses AND who uses the Verizon network. That is, they are paying for Verizon service and reselling it.

    Does the local Chevy dealer pose a threat to GM when it is selling Chevrolet cars?

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  3. Their waled garden (cdma type devices) is coming back to bite them.

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    Replies
    1. CDMA is badly out of date, which means that their walled-garden is full of dinosaurs and wooly mammoths.

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  4. Two factors ameliorate this problem.

    1) The ability of LTE radio manufacturers to support many frequencies on one chipset. The result is phone that support more carriers.

    2) The transition to VOLTE will end different communications standards.

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  5. Verizon's prepaid is still 80.00 per month for service that I can get from MetroPCS for 50.00. And, at least in my area, the difference in coverage is insignificant. About the only thing I miss is being able to watch football games on my phone.

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    Replies
    1. Not Including taxes & fees on Verizon correct?

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    2. Verizon doesn't include taxes am i correct?

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    3. Verizon coverage is still hugely better, which makes a difference unless you are homebound. Hence the greater cost.

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    4. Download mobdro. Watch ESPN most cable channels HBO star discovery and. Many more for free

      Delete
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