Verizon’s Vestberg dismisses pricing discounts and free bundles

Despite the cable mobile virtual network operators' (MVNO's) success with bundled offerings and heavily discounted wireless service plans, don’t expect Verizon to follow suit. Verizon CEO Hans Vestberg dismissed the cable MVNO's strategy of offering free or discounted wireless service plans when bundled with broadband. “Lowballing and discounting won’t help us,” he said, adding that the company recently ended its $25/month discounted pricing for its 5G Home fixed wireless access offering. Vestberg said that any MVNO partnership will be beneficial to Verizon’s revenue and added that he expects any of Verizon’s partners to realize that as the network improves “they will have to pay for it.”