Early discussion with Verizon on an extension of the current contract have concluded with no agreement.

In late May, the IBEW, the CWA, and Verizon began negotiations to determine whether an agreement could be reached to extend the current collective bargaining agreements. By late June, significant differences remained between the parties’ proposals, and the Unions informed the Company of our intention to conclude negotiations. At the Company’s request, a high-level meeting was held, during which the Unions agreed to continue discussions, with the understanding that the Company was prepared to more fully address the Unions’ concerns. Despite these continued efforts, the Company has not adequately responded to the needs and priorities of our members. Instead, the Company has chosen to end the bargaining process.

Our current Agreement expires on August 1, 2026. Discussion between the parties will resume at some point whether in 2025 or in 2026. While I am certain the Company would say otherwise, what is clear at this time is that Verizon had no real interest in reaching an early agreement. The positions taken by Verizon during this round of negotiations leads me to believe they are preparing for worse case scenario. Simultaneously, it is in our best interest to be prepared for any and all eventualities. Nothing either way is a foregone conclusion.