NYSE:VZTelecom
A Look At Verizon (VZ) Valuation As Turnaround Plan Brings Leadership Change And Major Cost Cuts
Verizon Communications (VZ) has kicked off a broad turnaround effort after confirming the exit of consumer division chief Sowmyanarayan Sampath, appointing Alfonso Villanueva as interim leader and planning 13,000 job cuts plus 179 store franchisations.
See our latest analysis for Verizon Communications.
Those leadership changes and cost cuts come after a strong run in the share price, with a 26.79% 1 month share price return and 22.06% year to date, while the 1 year total shareholder return...