Verizon Wants to Give Optionality to Customers, CEO Vestberg Says

Verizon is adapting to the changing content consumption landscape by offering customers more choices and forming strategic partnerships with major content providers like Disney Plus, Apple Music, and Amazon Web Services. The company focuses on providing optionality and leveraging its strong network and distribution capabilities. Verizon's collaboration with Amazon Web Services aims to bring cloud services to the edge with 5G, enabling low latency and high throughput for developers.

What is Verizon's main strategy to stay relevant in the changing content market?

• Reducing partnerships with other companies

• Providing customers with more options

• Creating its own content

• Focusing solely on linear TV

Why does Verizon partner with companies like Disney Plus and Apple Music?

• To create exclusive content

• To focus on traditional broadcasting

• To reduce competition

• To align with companies that share similar values

What is the initial benefit for Verizon's top-tier customers in their partnership model?

• Free access to services like Apple Music and Disney Plus

• Discounted Verizon wireless plans

• Exclusive content from Verizon

• Priority customer service

What is the main goal of Verizon's collaboration with Amazon Web Services?

• To expand Verizon's retail presence

• To provide low latency and high throughput for applications

• To develop cloud software independently

• To create a new streaming service

How long did Verizon and Amazon work together to develop their partnership?

• Two years

• One and a half years

• One year

• Six months

What is one potential application of Verizon's 5G and cloud technology partnership?

• Standard mobile phone calls

• Basic internet browsing

• Real-time AR and VR experiences

• Traditional cable TV

What is a key feature of the 5G and cloud service Verizon is developing with Amazon?

• Focus on entertainment content

• High cost for developers

• Super low latency

• Limited to a few cities