It's fake. It was a first mover play. It would cost $1.5 trillion to do, and they're kind of dead in the water without a strategy right now." Verizon reports its earnings tomorrow, and its CEO Hans Vestberg is likely to counter such criticism. In its previous earnings call in April, Vestberg said Verizon is leading on mmWave. "I think that no one else in the whole industry knows more than Verizon about it," said Vestberg. "We've been onto this for two years, and what we have seen on it, it's a good strategy.