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Verizon Business CEO on three big trends—mobility, broadband, cloud

August 12, 2022

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Sowmyanarayan Sampath, the new head of Verizon Business, this week discussed what he sees as three technology trends that, when coupled with the operator’s 5G network, can grow total addressable market by $90 billion. Speaking at the Oppenheimer 25th Annual Technology, Internet and Communications Conference, Sampath identified 5G-backed mobility, broadband and distributed cloud computing as “pathways to growth.”

On mobility, “We have close to 45% share in a pretty competitive market,” he said. “And every quarter, we are putting points on the board to grow that piece. And some of it is just the way we approach the market that lets us continue to take share in that space.”

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