🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Verizon servicing current customers, delays new installations in strike

Published 04/14/2016, 06:36 PM
© Reuters. Members of the CWA picket in front of Verizon Communications Inc. corporate offices during a strike in New York
VZ
-

NEW YORK (Reuters) - A one-day-old strike by nearly 40,000 Verizon Communications Inc (N:VZ) employees is causing equipment installation delays for new Internet and TV customers, a Verizon executive acknowledged on Thursday.

Workers of Verizon's Fios Internet, telephone and TV services from network technicians to customer service representatives walked off the job on Wednesday in one of the largest U.S. strikes in recent years after contract talks between unions representing them and the company hit an impasse.

The company, which is focusing on repairs and service for its existing customers, said networks were running well.

"We do have a bit of a delay," said Tami Erwin, Verizon's Group President - Consumer and Mass Business Sales and Service, said. "We're working hard with customers to prioritize repair above activations and provisioning because we owe that to our existing customers."

In a week or two the company should be able to do new installations, she said. It normally has about 30,000 to 35,000 of them each week, with over 30 percent of customers opting to do a self-installation.

The strike affects service across several U.S. East Coast states, including New York, Massachusetts and Virginia, but does not extend to the company's wireless operation. Union representatives and Verizon said on Thursday no talks were scheduled so far.

Verizon has said it had trained thousands of non-union employees over the past year to ensure no disruption in services. The unions, however, say that replacement workers do not have the necessary expertise, especially in highly technical jobs such as equipment installations.

The company has deployed about 20,000 non-union workers to fill in for union workers, said Bob Mudge, president of Verizon’s wireline network operations.

"We'll continue to ramp from that," Mudge added. "We're going to work seven days a week."

Verizon and the unions have been in contract talks since last June; the sticking points include healthcare, temporary job relocations, pensions and offshoring call center jobs.

© Reuters. Members of the CWA picket in front of Verizon Communications Inc. corporate offices during a strike in New York

A day after the strike started, there were a handful of customer complaints on Verizon's customer service website related to Internet outages and a no-show after a scheduled installation appointment.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.