Last fall, we launched a truly accurate portrayal of Verizon’s 5G marketing with VerHIDEzon — a parody company founded to show how utterly ridiculous it is that they charge more for 5G (or force customers into their most expensive plans) and refused to tell customers where it works. The good news is, VerHIDEzon got loud and Verizon caved, finally publishing their sad 5G coverage maps! Verizon 0, Customers 1.
But I’m not done yet. Not even close. Verizon is doing a horrible disservice to wireless customers everywhere with their 5G fiction. They’ve been ALL OVER TV and social showing off gigabit + 5G speeds as if it’s the norm on their network.
News flash: IT’S NOT! Not even close.
Verizon has been running non-stop ads talking about 5G “from Midtown Manhattan to Downtown Denver”. But in reality, they have almost no 5G anywhere in between … and even in those cities, their 5G is only available in very limited outdoor areas, literally covering only a few blocks here and there. It’s irresponsible, and we need to keep calling this out…
But I understand why they’re doing it … and I would hate to be sitting in Verizon’s C-Suite right about now. They’ve painted themselves into a technology corner with a 5G strategy focused on millimeter wave. They bet on the wrong horse, and now they’re trying to advertise their way out of it. So while they’re showing everyone speed tests and acting like it’s the norm, experts find something VERY different. One study just found customers could connect to Verizon 5G only 6% of the time … and that was measuring ONLY in the cities where Verizon’s already launched 5G!!! It’s 0% everywhere else!
This is a huge problem for Big Red. Their brand is their network. It’s how they justify squeezing every penny they can out of customers. And in the 5G era, they’re losing their network crown.
And I gotta tell you… I just LOVE calling them out on their BS.
So, here’s what we’re gonna do. Today, VerHIDEzon is rebranding to Verwhyzon — a truer expression of their reason for being. They even have a new ad to explain just who they really are. Enjoy!
They’re even launching a road trip to see just how much of the country they cover “from Midtown Manhattan to Downtown Denver.” Follow along at @verwhyzon – I know I will be – this should be fun.
Their new tagline kind of says it all: “Because we can”. That must be why…
- Verwhyzon 5G only works on a few sidewalks in a few cities across America. But they’re still gonna charge customers absolutely everywhere more for it. That’s #5GBilledRight!
- Some Verwhyzon customers get Disney+ for free for 12 months. After that, they pay for their own Disney. There’s no profit in giving you stuff!
- Verwhyzon’s 55+ discount is limited to Florida only. Tough luck if you’re over 55 and live outside Florida.
And we’ll keep using Verwhyzon to call Big Red on their BS.
Meanwhile, at the Un-carrier, we’ve already launched the first and only nationwide 5G network in the country, and it will get better over time … and exponentially better should our merger with Sprint close. At T-Mobile, we listen to customers and give them what they want. It’s no wonder Un-carrier customers are the happiest in wireless.
Yes, Verwhyzon is just a joke, but so is the way Verizon treats customers!
Important Additional Information
In connection with the proposed transaction, T-Mobile US, Inc. (“T-Mobile”) has filed a registration statement on Form S-4 (File No. 333-226435), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 29, 2018, and which contains a joint consent solicitation statement of T-Mobile and Sprint Corporation (“Sprint”), that also constitutes a prospectus of T-Mobile (the “joint consent solicitation statement/prospectus”), and each party will file other documents regarding the proposed transaction with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE JOINT CONSENT SOLICITATION STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The documents filed by T-Mobile may be obtained free of charge at T-Mobile’s website, at www.t-mobile.com, or at the SEC’s website, at www.sec.gov, or from T-Mobile by requesting them by mail at T-Mobile US, Inc., Investor Relations, 1 Park Avenue, 14th Floor, New York, NY 10016, or by telephone at 212-358-3210. The documents filed by Sprint may be obtained free of charge at Sprint’s website, at www.sprint.com, or at the SEC’s website, at www.sec.gov, or from Sprint by requesting them by mail at Sprint Corporation, Shareholder Relations, 6200 Sprint Parkway, Mailstop KSOPHF0302-3B679, Overland Park, Kansas 66251, or by telephone at 913-794-1091.
No Offer or Solicitation
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.
Cautionary Statement Regarding Forward-Looking Statements
This communication contains certain forward-looking statements concerning T-Mobile, Sprint and the proposed transaction between T-Mobile and Sprint. All statements other than statements of fact, including information concerning future results, are forward-looking statements. These forward-looking statements are generally identified by the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “could” or similar expressions. Such forward-looking statements include, but are not limited to, statements about the benefits of the proposed transaction, including anticipated future financial and operating results, synergies, accretion and growth rates, T-Mobile’s, Sprint’s and the combined company’s plans, objectives, expectations and intentions, and the expected timing of completion of the proposed transaction. There are several factors which could cause actual plans and results to differ materially from those expressed or implied in forward-looking statements. Such factors include, but are not limited to, the failure to obtain, or delays in obtaining, required regulatory approvals, and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction, or the failure to satisfy any of the other conditions to the proposed transaction on a timely basis or at all; the occurrence of events that may give rise to a right of one or both of the parties to terminate the business combination agreement; adverse effects on the market price of T-Mobile’s or Sprint’s common stock and on T-Mobile’s or Sprint’s operating results because of a failure to complete the proposed transaction in the anticipated timeframe or at all; inability to obtain the financing contemplated to be obtained in connection with the proposed transaction on the expected terms or timing or at all; the ability of T-Mobile, Sprint and the combined company to make payments on debt or to repay existing or future indebtedness when due or to comply with the covenants contained therein; adverse changes in the ratings of T-Mobile’s or Sprint’s debt securities or adverse conditions in the credit markets; negative effects of the announcement, pendency or consummation of the transaction on the market price of T-Mobile’s or Sprint’s common stock and on T-Mobile’s or Sprint’s operating results, including as a result of changes in key customer, supplier, employee or other business relationships; significant transaction costs, including financing costs, and unknown liabilities; failure to realize the expected benefits and synergies of the proposed transaction in the expected timeframes or at all; costs or difficulties related to the integration of Sprint’s network and operations into T-Mobile; the risk of litigation or regulatory actions, including the antitrust litigation brought by the attorneys general of thirteen states and the District of Columbia; the inability of T-Mobile, Sprint or the combined company to retain and hire key personnel; the risk that certain contractual restrictions contained in the business combination agreement during the pendency of the proposed transaction could adversely affect T-Mobile’s or Sprint’s ability to pursue business opportunities or strategic transactions; effects of changes in the regulatory environment in which T-Mobile and Sprint operate; changes in global, political, economic, business, competitive and market conditions; changes in tax and other laws and regulations; and other risks and uncertainties detailed in the Form S-4, as well as in T-Mobile’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements,” as well as in its subsequent reports on Form 8-K, all of which are filed with the SEC and available at www.sec.gov and www.t-mobile.com, and in Sprint’s Annual Report on Form 10-K for the fiscal year ended March 31, 2019 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “MD&A — Forward-Looking Statements,” as well as in its subsequent reports on Form 8-K, all of which are filed with the SEC and available at www.sec.gov and www.sprint.com. Forward-looking statements are based on current expectations and assumptions, which are subject to risks and uncertainties that may cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Given these risks and uncertainties, persons reading this communication are cautioned not to place undue reliance on such forward-looking statements. T-Mobile and Sprint assume no obligation to update or revise the information contained in this communication (whether as a result of new information, future events or otherwise), except as required by applicable law.