VERZION - SWOT ANALYSIS Strengths Verizon is well known as the star of the biggest provider of wireless communication in USA. Verizon has a guest run agrounding around 50 million and is available in on the whole the states in USA. Also, their employee base is very go through and spacious from variant backgrounds. Verizon expands a quid of wireless options, such as, cellular phone, officious broadband, tablets and dwelling phone. The various options in wireless technology found at Verizon is one of its strengths. Weaknesses A lot of their employees has reached their retirement age. Also, Verizon is arduous to expand their Cable TV and home phone (Files), merely many of the markets and territories are already interpreted by large companies (Time Warner, Cox, ATT Uverse, Comcast and much). Opportunities The wireless market is growth more and more worldwide, therefore, there are potential markets for the company to enter. Including non only topical anes thetic, just global, businesses, residential and government markets. Verizon rat easily expand and gain their market services.
Since Verizon has developed stigma recognition over the geezerhood it helps to gain customers credibility and offer new services and products in the future. Threats Wireless competition is growing in the past few years and competitors are crack lower rates, around 60% less from the whole sales event price. Also, a lot of local wire and wireless companies are offering the same services. controversy is higher offering more choices to customers (available substitutes). The main reason is receivable to the economic recession since 2008 that top off cus tomers to cut down their expenses and round! of them reduce their telecommunication services.
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