Verizon is shutting down the Zoom competitor it purchased for $400 million in 2020. This isn’t even the most ignominious failed tech purchase by Verizon, that’s their Yahoo acquisition.

Cellular carriers are great proofs of the saying that culture eats strategy for business. Verizon and AT&T keep wanting to be tech & content players but keep botching acquisitions. They should embrace being sellers of dumb pipes who grow their business by adding random fees to phone bills https://www.theverge.com/2023/8/8/23825112/verizon-bluejeans-shutting-down-sunset