Dan Schulman, the CEO of Verizon, Says Ditch Price Hikes, Prioritize Human Customers
Dan Schulman, Verizon CEO, declares it’s time to end unsustainable price hikes and stop treating customers like mere accounts, as the telecom leader pushes a customer-first overhaul amid subscriber losses to T-Mobile. In bold remarks, Schulman admits past strategies eroded loyalty, signaling a pivot to value-driven growth that resonates with business executives navigating competitive churn. For our readers, Dan Schulman’s candor exemplifies leadership authenticity in resetting corporate culture.
Dan Schulman Calls Out Pricing Pitfalls
Verizon CEO Dan openly critiqued the company’s reliance on price increases without subscriber growth, a tactic that led to 2.25 million customer losses over three years. “A strategic approach that relies too much on price without subscriber growth is not sustainable,” Schulman stated during recent earnings calls, vowing to eliminate “empty price increases” that spiked churn by 0.25 percentage points.
This admission follows Schulman’s October 2025 appointment, where he targeted practices irritating customers, like hikes without added value. Now, with 13,000 layoffs streamlining operations, focus shifts to rebuilding trust through enhanced services.
Beyond ‘Best Network’ Claims to Real Value
Dan asserts that touting the “best network” no longer sells—customers demand holistic experiences. “You have to treat people like humans, not like accounts,” he emphasized, teasing a new value proposition launching mid-2026 with AI-powered personalization.
Schulman’s playbook draws from PayPal roots: simplify offers via tools like MyPlan and proactive issue resolution. Against T-Mobile’s aggressive pricing, Verizon aims to differentiate through loyalty-building bundles, not specs.
Leadership Reset: Cost Cuts Meet Customer Focus
Facing T-Mobile’s gains, Dan mandates “cost reductions as a way of life” while elevating customer experience (CX). Q3 2025 results showed flat growth despite network investments, prompting this dual thrust: efficiency plus AI for seamless interactions.
Schulman’s employee letter promises an overhauled strategy, scrapping CX detractors for tailored plans. Executives admire his transparency—admitting flaws accelerates pivots, turning Verizon’s scale into a competitive moat.
Market Impact and Strategic Horizon
Verizon stock steadied post-Schulman’s resets, with analysts praising the shift from pricing defense to offensive CX innovation. Subscriber wins hinge on execution: AI agents matching expertise to needs, predictive fixes curbing complaints.
For industry leaders, Dan’s tenure models bold reinvention. Prioritizing humans over metrics rebuilds empires— a timeless lesson as telecom evolves toward empathetic, tech-augmented service.