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June 7, 2022
Tamir Scheinok

Dear Verizon,

What a load of BS! Your last two quarter’s financial statements suggest Verizon is experiencing nothing but great financial results: good profits, record revenue growth, and diversification. You guys are rocking it.

Quotes from your last two earnings reports:

For Q4 2021 https://vz.to/3thRyRg – “Verizon delivered another strong earnings performance this quarter,” said Verizon Chief Financial Officer Matt Ellis. “Our financial discipline enabled us to deliver attractive service revenue growth and PROFITABILITY this quarter.“

For Q1 2022 https://vz.to/3zjTZ9R – The bottom-line performance of our results today shows the strength of our core business to DELIVER PROFITABILITY, even during a period of SIGNIFICANT INVESTMENT,” said Verizon Chief Financial Officer Matt Ellis.

One can only conclude that you are raising prices because, with all the talk about inflation, you can. The additional charges will further your already excellent financial results. This is a tax by big telcos against small businesses nationwide at a time when small businesses are suffering mightily – SHAMEFUL!

People want to do business with companies that support the communities they serve. Your winner-takes-all behavior is not OK, it is not right, it is bad for the economy, it is UNAMERICAN!

Sincerely,
Further Reach

PS – Anyone want to bet me a beer that Verizon doesn’t reduce their prices when inflation goes back down?

#ConnectLocal


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