Verizon’s ‘Clunky, Squishy’ 5G Talk Fails to Impress Street

Shares of Verizon Communications are up after the company held its annual analyst day meeting, a centerpiece of which was the company’s plans to roll out broadband wireless service in select U.S. markets in 2018 using the newer “5G” wireless technology. However, the presentation on 5G service to the home seems to have landed with something of a thud amongst those who listened to the presentation. Craig Moffett of the eponymous Moffett-Nathanson boutique research firm this morning writes that there appears to be less than billed in the 5G announcement. He calls the presentation by Verizon management “rather squishy,”  and "so murky as to be unforecastable."