Verizon Communications Inc (NYSE:VZ)
$ 40.4 0.61 (1.53%) Market Cap: 170.05 Bil Enterprise Value: 343.32 Bil PE Ratio: 15.07 PB Ratio: 1.80 GF Score: 76/100

Verizon Communications Inc. at Wells Fargo Virtual Media & Telco Day: 5G & Streaming & Beyond Transcript

Jun 07, 2021 / 01:30PM GMT
Release Date Price: $57.2 (-0.17%)
Eric Luebchow
Wells Fargo Securities, LLC, Research Division - Associate Analyst

Good morning. So we're continuing on our 5G forum today, and we're very pleased to present Kyle Malady from Verizon. Kyle, thank you so much for joining us today.

Kyle Malady
Verizon Communications Inc. - Executive VP & CTO

It's great to be here, Eric. Pleasure.

Questions & Answers

Eric Luebchow
Wells Fargo Securities, LLC, Research Division - Associate Analyst

So Kyle, just to start off. You've clearly been very busy at Verizon recently. The biggest news, obviously, this year has been the results of the C-Band auction, where you guys spent just over $50 billion. So maybe, just to start, you could talk about what was so compelling about C-Band that you guys felt like you wanted to go so big and put that amount of spectrum on your balance sheet.

Kyle Malady
Verizon Communications Inc. - Executive VP & CTO

Sure. So before I get into that one now, let me just -- I got to

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