
Worthy of note is the fact that Verizon has taken notice of its performance against rival companies. While many customers complain about price hikes and threaten to leave, others are getting showered with new deals and promotions with no strings attached. These recent confusing occurrences make one thing very clear in my opinion: Verizon is having a pricing crisis.
T-Mobile stores doing well is a surprise because after the company tried to push its T-Life app it saw customers leaving T-Mobile stores in protest. On the other hand employees from other network providers like Spectrum also said that they had seen a decrease in foot traffic for their stores as well. One online Verizon representative said that business had been slow.However it’s worth remembering that changes to local store traffic is not an accurate representation of what’s going on at large. While there are many reports of empty stores there are a few about the opposite happening as well. A couple of Verizon employees claim that a lot of new customers are coming in worried about the effects of tariffs.Like T-Mobile, though, I expect Verizon will also try to shift its business model to an app and its website to reduce its reliance on physical stores in the near future.