The Traderszone Network

Published in TZ Latest News 15 May, 2017 by The TZ Newswire Staff

Why the IoT Matters So Much to Verizon

During the first quarter of 2017, Verizon‘s (NYSE: VZ) bread-and-butter business got a little bit smaller. Retail subscribers to the nation’s leading wireless network shrank for the first time in years, and profits decreased 21% from the same period in 2016. The mobile phone industry is a mature market with growth a thing of the past, leaving the few big competitors to fight over the same customers. For Verizon, the next big thing could be right around the corner.

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