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Verizon won’t lower your monthly bills just to compete with T-Mobile

07
May
2014

In what must be music to T-Mobile CEO John Legere’s ears, Verizon has once again told us that it won’t be lowering our wireless bills just to better compete with T-Mobile. FierceWireless reports that Verizon CFO Fran Shammo said during the Jefferies Technology, Media and Telecom Conference this week that it won’t be overly reactive to T-Mobile’s “Uncarrier” moves even though its subscriber growth rate actually dropped year-over-year in its last quarterly earnings report. “We will react rationally and where we think we need to react,” Shammo said. “The key to any competitive move is not to overreact to a competitor.” In the past, Verizon’s insistence on not being more competitive on pricing made perfect sense since its voice and data coverage

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