Business Strategy and Outlook
| Michael Hodel, CFA |Verizon is primarily focused on the wireless business, where it believes its networks provide multiple avenues for growth. The firm has taken steps to ensure it remains well positioned in the traditional wireless business, building fiber deeper into major metro areas, acquiring a huge chunk of spectrum in 2021, and ramping up spending to put that spectrum to use. While we expect only modest growth, we believe Verizon will deliver consistent results over the long term.