Verizon in the US has announced a new operating structure as it looks to “optimise growth opportunities” around 5G connectivity.
From January 1, 2019 the company’s structure will focus on three customer-facing areas: Consumer, Business and Verizon Media Group / Oath. These groups will be supported by a network and IT organisation and corporate-wide staff functions.
Verizon Media Group / Oath, which sits across media, advertising and technology, will be led by Guru Gowrappan, who was previously announced as Oath CEO.
Verizon Consumer Group will include the consumer segment for both the company’s wireless and wireline businesses and will be led by Ronan Dunne, currently executive vice president and president of Verizon Wireless.
Verizon Business Group will include the wireless and wireline enterprise, small and medium business, and government businesses, as well as wireline wholesale and Verizon Connect. It will be led by Tami Erwin, currently executive vice president of Wireless Operations.
Verizon’s Global Network & Technology organisation, which will serve all company operations, will be led by Kyle Malady, currently chief network operations officer and chief technology officer.
“This new structure reflects a clear strategy that starts with Verizon customers,” said CEO Hans Vestberg. “We’re building on our network transformation efforts and the Intelligent Edge architecture to deliver new customer experiences and optimize the growth opportunities we see as leaders in the 5G era. We’re focused on how our technology can benefit customers’ lives and society at large.”