All Verizon Articles
Verizon Announces Increased Quarterly Dividend For The 17th Consecutive Year – $VZ $DIA $SPY $LTRN
As per reports, Verizon Communications, Inc. (VZ) Board of Directors announced a quarterly dividend of 66.50 cents per outstanding share, marking a 1.25 cents per share increment compared to the previous quarter. This increased quarterly dividend will be distributed to Verizon shareholders on Novemb...
Sep 13, 2023
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Verizon Business Network Services Agrees To $4.1 Million Settlement Over Cybersecurity Violations – $VZ $DIA $SPY $LTRN
Reportedly, Verizon Business Network Services (VZ), a division of the telecommunications giant, has reached a settlement with the U.S. Justice Department, agreeing to pay $4.1 million to address accusations that it did not adhere to mandated cybersecurity standards. The resolution pertains to claims...
Sep 14, 2023
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Verizon Teams Up With HCL Tech To Transform Wireline Operations & Enhance Customer Services – $VZ $DIA $SPY $LTRN
As per reports, Verizon Communications, Inc. (VZ) announced that it has entered into a technological agreement with HCLTech, a company based in India. This collaboration aims to oversee network management for their corporate clientele, with the intention of addressing the decline in their wireline b...
Sep 05, 2023
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Verizon Implements Price Increases On Wireless Plans To Boost Revenue – $VZ $DIA $INDP
As per reports, Verizon Communications, Inc. has decided to increase the rates for certain current wireless plans as a strategy to enhance revenue and counter the decline in subscriber growth. Commencing from September billing cycles, customers enrolled in Mix and Match plans will experience an adju...
Sep 14, 2023
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Search Underway At Verizon For Finance Chief & Successor To CEO – $VZ $DIA $SPY $BRQS
Reportedly, Verizon Communications (VZ) is in the process of searching for a new finance chief, with the potential for the chosen candidate to eventually succeed CEO Hans Vestberg. In March, the company underwent a reshuffling of its senior leadership roles, appointing Tony Skiadas as the replace...
Jun 15, 2023
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FAA Works With Wireless Carriers To Ensure Safe Coexistence Of 5G & Aviation – $XZ $T $DIA $INVO
As per reports, the four major U.S. wireless carriers have informed the Federal Communications Commission (FCC) of their agreement to take voluntary actions to address aviation safety concerns and allow full use of the C-Band wireless spectrum for 5G use. This agreement follows extensive discussions...
Apr 04, 2023
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Verizon Q1 2023 Earnings Report Date Announced – $VZ $DIA $INVO
As per reports, Verizon Communications, Inc. (VZ) is set to disclose its Q1 2023 earnings on Tuesday, April 25th. The earnings report will be presented through a webcast starting at 8:30 a.m. Eastern Time. By 7:30 a.m. that day, access instructions and presentation materials will be available on Ve...
Mar 23, 2023
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Verizon Extends Adeia’s Media IP License Agreement – $VZ $DIA $INVO
Adeia Inc. and Verizon Communications, Inc. (VZ) have reportedly agreed to a multi-year extension of their license to Adeia's media patent portfolio. As a leading communication services provider in the United States, Verizon offers an extensive range of services to its customers over its networks, w...
Mar 08, 2023
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Verizon Makes Senior Leadership Changes – $VZ $DIA $INVO
Reportedly, Verizon Communications, Inc.'s (VZ) finance chief Matt Ellis to exit in May, after a number of senior leadership changes. The changes comes at a time when Verizon is facing tough competition from rivals for new users and is investing heavily in 5G. Senior Vice President Tony Skiadas will...
Mar 07, 2023
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Verizon Expects Wireless Service Revenue To Grow 2.5%-4.5% in 2023 – $VZ $DIA $SPY $ATOS
Verizon Communications, Inc. (VZ) reported quarterly earnings, reporting adjusted earnings of $1.19 per share on revenue of $35.3 billion, both in-line with analysts' estimates. Verizon expects adjusted profit between $4.55 per share and $4.85 per share in 2023, below market estimate of $4.97 per sh...
Jan 30, 2023
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Telecom Giant Verizon To Webcast Q4 Earnings On Jan 24 – $VZ $DIA $INVO
Reportedly, telecom giant Verizon Communications, Inc. (VZ) is to release its fourth quarter 2022 earnings on Tuesday, January 24. The webcast will begin at 8:30 a.m. Eastern Time. All presentations and related materials will be available at 7:00 a.m. on Verizon’s Investor Relations website, https...
Dec 28, 2022
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Angie Klein Appointed To Lead Verizon’s Value Business – $VZ $DIA $INVO
As per reports, Angie Klein, Chief Revenue Officer of TracFone and Verizon Prepaid and CEO of Visible has been appointed to the new role of SVP and President of the Verizon (VZ) Value organization starting January 1, 2023. Angie will report to EVP & Group CEO of Verizon Consumer Group Manon Brou...
Nov 21, 2022
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Verizon’s Q3 Profits Take Hit As Subscribers Drift – $VZ $DIA $ATOS $INVO
Reportedly, Verizon Communications, Inc. (VZ) reported a 23% slide in third-quarter profit and missed market estimates for wireless subscriber additions, as several customers opted for cheaper plans from rivals AT&T Inc and T-Mobile US Inc. Verizon witnessed the loss of 189,000 monthly bill-payi...
Nov 30, 2022
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Verizon Announces Earnings Release Date
As per reports, Verizon Communications, Inc. (VZ) will report third-quarter 2022 earnings on Friday, October 21. The company will present results on a webcast beginning at 8:30 a.m. Eastern Time. Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technolo...
Oct 20, 2022
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Verizon Gains Enterprise Infrastructure Solutions (EIS) Task Order Worth $1.58B – $VZ $DIA $INVO
Reportedly, Verizon Communications, Inc. (VZ) has entered a new Enterprise Infrastructure Solutions (EIS) contract to modernize the global communications infrastructure and offer IT services for each of the Department of State’s (DOS) U.S. consular, embassies, and other key locations in nearly 260...
Nov 28, 2022
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Sanjiv Gossain To Lead Verizon’s EMEA Succeeding Scott Lawrence – $VZ $DIA $INVO
Reportedly, Verizon Business (VZ) has named Sanjiv Gossain as Group Vice President and Head of EMEA. Sanjiv succeeds Scott Lawrence, who continues to serve in the role of Senior Vice President, Global Solutions. In his new role, Sanjiv will have overall responsibility for the company's global enter...
Sep 19, 2022
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Verizon Announces Quarterly Dividend Raise – $VZ $DIA $INVO
Reportedly, the Board of Verizon Communications, Inc. (VZ) announced an increase of 1.25 cents per share in its dividend from the previous quarter. The quarterly dividend of 65.25 cents per outstanding share is payable on November 1, 2022, to shareholders as of October 7, 2022. “Our consistently ...
Oct 04, 2022
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Verizon Ties With Disney Offering Free 6-Months Of Disney+ To Prepaid Unlimited Plans – $VZ $DIS $DIA
Reportedly, Verizon Communications, Inc. (VZ) is offering Disney+ to prepaid wireless customers free for six months when they activate or upgrade to Prepaid Unlimited plans. Verizon has already offered a six-month-free deal to customers on qualifying postpaid unlimited plans. Now it’s extending th...
Aug 04, 2022
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Virginia International Terminals Taps Verizon For Private 5G Network – $VZ $DIA
Reportedly, Verizon Business (VZ) has entered an agreement with Virginia International Terminals, LLC (VIT) to build a private 5G Ultra Wideband network at one of The Port Of Virginia’s main container terminals. The deal is Verizon Business’ second with a major international port and its first w...
Jul 29, 2022
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Verizon Lowers Yearly Guidance Amid Disappointing Subscriber Growth – $VZ $DIA
Reportedly, Verizon Communications, Inc. (VZ) reported June-quarter adjusted earnings that missed estimates as it added fewer postpaid wireless phone subscribers than expected. For the quarter, Verizon earnings came in at $1.31 a share, excluding items, and revenue increased 3% to $33.8 billion, bea...
Jul 24, 2022
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Verizon Enters $400M Modernization Global Data Bandwidth Contract With FBI – $VZ $DIA
Reportedly, Verizon's (VZ) Public Sector team has signed up for Enterprise Infrastructure Solutions task order with the Federal Bureau of Investigation (FBI) for over $400 million to help the agency meet increasing demands for data bandwidth around the globe successfully. Verizon’s EIS task ord...
Jul 21, 2022
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Verizon Frontline To Add A Member To Its First Responder Advisory Council – $VZ $DIA
As per reports, Verizon (VZ) Frontline announced to formally introduce the newest member of the Verizon First Responder Advisory Council (VFRAC), Sheriff Susan Benton (Ret.) at next week’s 2022 National Sheriffs’ Association annual conference joining the council as its 14th member. Sheriff Sus...
Jul 01, 2022
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Verizon To Webcast Q2 Earnings On July 22 – $VZ $DIA
Reportedly, Verizon Communications, Inc. (VZ) is to release second-quarter 2022 earnings on Friday, July 22. The webcast of the results will begin at 8:30 a.m. ET. Access instructions and presentation materials, including Verizon’s earnings news release and financial tables, will be available at 7...
Jun 29, 2022
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Verizon Slashes Broadband Price To $25 A Month For Wireless Customers – $VZ $DIA
As per reports, Verizon Communications, Inc. (VZ) has reduced its home broadband price to $25 a month for wireless customers in select areas where its Fios fiber network and wireless internet service are available. The offer is available in more than 2,700 cities to customers with premium 5G mobile ...
Jun 21, 2022
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Verizon Appoints Sowmyanarayan Sampath As CEO For Verizon Business – $VZ
Reportedly, Verizon Communications, Inc. (VZ) announced the appointment of Sowmyanarayan Sampath to Executive VP and CEO of Verizon Business, effective July 1, 2022. Sampath will succeed Tami Erwin, who will lead the role of Strategic Advisor to the CEO until the end of 2022. Sampath will report dir...
Jun 20, 2022
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Verizon Schedules Quarterly Dividend Payable August 1- $VZ $DIA
Reportedly, the Board of Directors at Verizon Communications, Inc. (VZ) announced a quarterly dividend of 64 cents per outstanding share, payable on August 1, 2022. The dividend is payable to shareholders of record at the close of business on July 8, 2022. Chairman and CEO Hans Vestberg stated, "Wi...
Jun 01, 2022
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Inflation Costs Hit, Verizon Now Set To Increase Wireless Charges – $VZ $DIA
As per reports, Verizon Communications, Inc. (VZ) will be increasing prices on its wireless bills for the first time in two years as the US wireless carrier struggles with higher costs. A $1.35 increase in administrative charges for each voice line will start reflecting in the customers June phone...
May 17, 2022
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Verizon’s Monthly Phone Subscribers Numbers Support 5G Efforts – $VZ $DIA
Verizon Communications, Inc.'s (VZ) quarterly release reported the loss of fewer-than-expected monthly phone subscribers in the first quarter, showing that the wireless carrier is benefiting from its huge investments in expanding its 5G and new broadband services, The company reported a loss of 36,0...
Apr 25, 2022
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Estée Lauder’s Christina Schelling Announced As Verizon’s Senior VP, Talent & Diversity – $EL $VZ $DIA
As per reports, Verizon Communications, Inc. (VZ) announced that Christina Schelling will be joining as Senior Vice President of Talent and Diversity on May 2. Schelling will lead Verizon’s DE&I, talent acquisition, learning and development, career planning, and leadership programs. Recently...
Apr 26, 2022
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Verizon Offers Expanded Calling, Texting & Data Relief Services For Customers In Eastern Europe – $VZ $DIA
Reportedly, Verizon Communications, Inc. (VZ) is expanding relief efforts in order to keep its customers connected to family, friends, and loved ones in the affected areas in Eastern Europe amid the Russian Invasion. Verizon is waiving international calling, texting, and in-country data charges for ...
Mar 07, 2022
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Maggie Hallbach Appointed To Lead Public Sector Business At Verizon – $VZ $DIA
As per reports, Verizon Business (VZ) announced the appointment of Maggie Hallbach to the role of senior vice president for Verizon Public Sector, leading the team that serves the company’s federal, state, local, education, and Verizon Frontline public safety customers. Hallbach's 25 years at Veri...
Mar 04, 2022
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Verizon Gets Its First U.S. Private 5G Client – $VZ $DIA
As per reports, Verizon Communications, Inc. (VZ) to build a private 5G network for BlackRock Inc. at its new Hudson Yards headquarters, marking the beginning of what the telecom giant expects to be a major business opportunity. New 5G wireless technology can replace Wi-Fi and will enhance BlackRoc...
Mar 03, 2022
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Verizon To Pay Quarterly Dividend On May 2 – $VZ $DIA
Reportedly, Verizon Communications, Inc. (VZ) announced its quarterly dividend of 64 cents per outstanding share. The board announced the dividend is payable on May 2, 2022, to all stockholders of record as of April 8, 2022. Chairman and CEO Hans Vestberg stated, “We are pleased that our consiste...
Mar 01, 2022
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Verizon Returns With Its 4th Transaction In The Green Bond Market -$VZ $DIA
Reportedly, Verizon Communications Inc. (VZ) is back to the green bond market with a $1 billion offering, its fourth transaction since it first started raising funds earmarked for environmental projects in 2019. As per sources, the telecom giant is selling the bonds in one tranche maturing in 30 yea...
Feb 23, 2022
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Verizon Tops Quarterly Subscriber Estimates, Expects Strong Fiscal 2022 – $VZ $DIA
Reportedly, Verizon Communications, Inc. (VZ) added more-than-expected wireless subscribers that pay a monthly bill in the fourth quarter ending December 31 & is expecting a strong year ahead assisted by the increased adoption of 5G services. The telecom giant added 558,000 subscribers in the qu...
Jan 27, 2022
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Verizon Set To Release Q4 2021 Financial Results On January 25 – $VZ $DIA
As per reports, Verizon Communications, Inc. (VZ) will report Q4 2021 earnings on Tuesday, January 25, 2022. The company will present results on a webcast starting at 8:30 a.m. Eastern Time. Verizon’s earnings news release and other financial documents will be available on the website starting at ...
Jan 24, 2022
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AT&T, Verizon To Delay Scheduled 5G Deployment As U.S. Officials Raise Aviation Safety Concerns
Reportedly, the head of the Federal Aviation Administration (FAA) and the U.S. Transportation Secretary Pete Buttigieg had previously ordered Verizon Communications, Inc. (VZ) and AT&T Communications to delay the planned Jan. 5 introduction of the new 5G wireless service over aviation safety con...
Jan 05, 2022
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Verizon Teams With Google To Offer Smart Factories & Autonomous Robots
As per reports, Verizon Communications, Inc. (VZ) has signed a deal with Alphabet Inc's (GOOG) Google Cloud to use its 5G network and the tech firm's computing power to offer services such as smart factories and autonomous robots. Telecom companies are partnering with technology firms to automate bu...
Dec 21, 2021
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Verizon To Pay Quarterly Dividend On Feb 1
Reportedly, the board of Verizon Communications Inc. (VZ) announced a quarterly dividend of 64 cents, the same as the previous quarter, payable on February 1, 2022. The dividend is payable to all shareholders as of January 10, 2022. Chairman and CEO, Verizon Hans Vestberg stated, “Our disciplin...
Dec 11, 2021
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Verizon & AT&T Agree To Monitor Revised Precautionary Measures Addressing 5G Implementation
Reportedly, telecom giants AT&T and Verizon Communications, Inc. (VZ) have agreed to adopt new precautionary measures to address air safety concerns raised from the planned use of C-Band spectrum for 5G wireless. The aviation industry and Federal Aviation Administration raised concerns about pot...
Nov 30, 2021
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The U.S Federal Communications Commission Approves +$6B Verizon & TracFone Wireless Deal
Reportedly, the U.S. Federal Communications Commission has approved Verizon Communications, Inc. (VZ) more than $6 billion acquisition of pre-paid mobile phones provider TracFone Wireless, following the California Public Utilities Commission's approval of the deal last week. FCC informed the requ...
Nov 30, 2021
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Verizon’s +6B Acquisition Of TracFone Wireless Wins Approval By California Public Utilities Commission
As per reports, the California Public Utilities Commission has approved Verizon Communications' (VZ) more than $6 billion proposed acquisition of TracFone Wireless after the companies agreed to some additional consumer protection conditions. As per the agreement with the California regulator, TracFo...
Nov 19, 2021
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Verizon Advances Samantha Hammock To The Position of Executive VP & Chief Human Resources Officer
Reportedly, Verizon Communications, Inc. (VZ) announced the appointment of Samantha Hammock to Executive Vice President and Chief Human Resources Officer of Verizon, effective December 1, 2021. Samantha Hammock will report to Hans Vestberg, Verizon Chairman and CEO. “When you think about the in...
Nov 17, 2021
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AT&T Inc. & Verizon’s 5G Service Delayed On Some Airwaves After U.S. Aviation Regulators Raise Concerns
Reportedly, AT&T Inc. (T) and Verizon Communications, Inc. (VZ) delay the rollout of the fast 5G service on some airwaves after U.S. aviation regulators raised concerns it might interfere with aircraft electronics. The agencies confirmed a 30-day delay to Jan. 5. “Today Verizon and AT&T a...
Nov 09, 2021
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Verizon & Amazon’s Satellite Deal Seemingly Intensifying A Bezos & Musk Clash
Reportedly, Amazon.com Inc. (AMZN) has entered into a deal with Verizon Communications, Inc. (VZ) to link up its planned fleet of satellites, stepping up the rivalry with Elon Musk’s StarLink system. Amazon founder, Jeff Bezos has committed $10 billion to satellite subsidiary Kuiper Systems LLC, ...
Oct 27, 2021
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Verizon Reports Q3 Earnings Beat – Raises Guidance – $VZ
Reportedly, Verizon Communications, Inc. (VZ) quarter earnings beat analyst estimates reporting an adjusted profit of 1.41 a share, beating forecasts for $1.36 a share, on sales of $$32.9 billion, below expectations for $33.2 billion. The telecom giant raised its guidance to a range of $5.35 to $5.4...
Oct 21, 2021
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Verizon Joins The List Of Federal Contractors Issuing Vaccine Mandate For Its U.S Workforce
As per reports, VVerizon Communications, Inc. (VZ) has issued a vaccination mandate for its U.S. workforce, under President Joe Biden's federal contractor executive order. Verizon, a federal contractor said that thousands of non-union U.S. employees must be fully vaccinated by Dec. 8 under the execu...
Oct 18, 2021
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Verizon & Partners Launch Women’s CoLab, An Initiative Empowering Women
Reportedly, Verizon and its partners announced the launch of Women’s CoLab, an initiative providing women with essential resources to help them achieve success in an increasingly digital economy, and assisting them to re-enter the workforce and realize their career ambitions. Women’s CoLab found...
Oct 12, 2021
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Verizon Communications, Inc. (VZ) To Release Q3 Results On Oct 20
As per reports, Verizon Communications, Inc. is to announce third-quarter 2021 earnings on Wednesday, October 20, beginning at 8:30 a.m. ET. All the necessary materials will be available on the website at 7:30 a.m. Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communicatio...
Sep 30, 2021
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Verizon Announces Increases Cash Dividend Payable November 1, 2021
As per reports, the board of Verizon Communications, Inc. (VZ) announced a dividend increase of 1.25 cents per share from the previous quarter, to 64 cents per outstanding share, payable on November 1, 2021. The dividend is payable to shareholders of record at the close of business on October 8, 202...
Sep 05, 2021
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Verizon 5G Edge & Microsoft Azure Stack Edge Partnership Launches Cloud Computing Platform That Offers Storage & Compute Services
Reportedly, Verizon (VZ) today announced the launch of an on-premises, private edge compute solution built on its last year's collaboration with Microsoft (MSFT). Verizon 5G Edge and Microsoft Azure Stack Edge partnership is a cloud computing platform that offers storage and computes services at the...
Sep 01, 2021
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Verizon Issues Green Bond Impact Report Confirms Full Allocation Of $1B
Reportedly, Verizon Communications, Inc. (VZ) released its Green Bond Impact Report stating the full allocation of $1 billion of net proceeds from its second green bond. Verizon is the only U.S. telecommunications company to complete the full allocation of two green bonds. In February 2019, it becam...
Aug 26, 2021
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Verizon Customers Can Now Make Free Calls To Afghanistan From Aug. 24 – Sept. 6
Reportedly, Verizon Communications, Inc. (VZ) announced to waive call charges of its consumer and business wireless customers as well as its residential landline customers to Afghanistan, from Aug. 24 through Sept. 6, due to the current circumstances in the country. Calls made from Verizon residenti...
Aug 25, 2021
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United Parcel Service CEO Carol B. Tomé Joins Verizon’s Board Of Directors
Reportedly, Verizon Communications, Inc. (VZ) announced the appointment of Carol B. Tomé to the Board of Directors, effective September 1, 2021. The addition of Ms. Tomé will bring Verizon’s total board membership to 11, ten of whom are independent, effective September 1, 2021. Ms. Tomé is t...
Aug 13, 2021
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Verizon Q2 Earnings Top Estimates – Reports Strong Postpaid Wireless Subscribers Growth
Verizon Communications, Inc. (VZ) second-quarter earnings performed better than analyst’s estimates, reporting adjusted earnings per share of $1.37 and revenue climbing 11% to $33.8 billion for the quarter ending June 30. Analysts had estimated Verizon earnings of $1.30 a share on revenue of $32...
Jul 22, 2021
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Verizon & Google Coming Together To Offer Advanced Messaging Services
Reportedly, Verizon Communications, Inc. (VZ) and Google are coming together to expand advanced messaging services to Android users in the U.S. starting next year using the Messages by Google app. The service will be based on the Rich Communications Service (RCS) standard, which provides a more inte...
Jul 21, 2021
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Verizon Knots Deal With Mastercard On 5G Contactless Payments & Autonomous Checkout Service For Retail
As per reports, Verizon Business (VZ) has signed a deal with Mastercard Inc. to use 5G and wireless technology for contactless payments and enable an autonomous checkout service for retail stores. The Verizon Business tie-up with Mastercard is aimed to utilize 5G smartphones and near-field communic...
Jul 18, 2021
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IBM Enters Hybrid Cloud Deal With Telecommunication Giants Verizon & Spain’s Telefonica
Reportedly, International Business Machines Corporation (IBM) has entered hybrid cloud deals with global telecommunication giants Verizon and Spain’s Telefonica as the company aims to build out 5G and edge networks. The deal expands on existing partnerships IBM has with the two telecom operators. ...
Jul 05, 2021
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Verizon Showcases 5G-United Robots At Barcelona Conference
Telecom giant Verizon Communications, Inc. (VZ) showcased two robots on the stage of the Mobile World conference, stating that robots use 5G connectivity and mobile edge computing to communicate with each other, as per reports. Edge computing uses machine learning and augmented reality to analyze bu...
Jul 01, 2021
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Verizon Acquires Senion – A Global Leader In Location-Responsive Solutions
Reportedly, Verizon Communications, Inc. (VZ) announced the acquisition of Senion, a global leader in location-responsive solutions. Developer of an indoor positioning platform, Senion’s advanced machine-learning sensor fusion technology delivers sub-meter accuracy for precise positioning and navi...
Jun 22, 2021
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Verizon Schedules Q2 Earnings On July 21st
Reportedly, Verizon Communications Inc. (VZ) to report second-quarter 2021 earnings on Wednesday, July 21 at 8:30 a.m. Eastern Time. Instructions and presentation materials, including Verizon’s earnings news release and financial tables, will be available at 7:30 a.m. on https://www.verizon.com/ab...
Jun 21, 2021
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Verizon Business Launches Commercial Private 5G In U.S
Reportedly, Verizon Business (VZ) has launched its first commercially available private 5G network in the U.S. to offer businesses and government departments high-speed indoor or outdoor connectivity. 5G network removes the need for businesses to jostle for speed with others on a public network and ...
Jun 15, 2021
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Verizon Announces Quarterly Dividend
Reportedly, the Board of Verizon Communications Inc. (VZ) declared a quarterly dividend of 62.75 cents per outstanding share payable on August 2, 2021. The dividend is payable to shareholders of record at the close of business on July 9, 2021. “We remain committed to delivering value to our sha...
Jun 06, 2021
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Verizon Offering Offering free Apple & Android Phones To Sign Up For Unlimited 5G Plans
As per reports, Verizon Communications, Inc. is offering free Apple and Android phones to customers who sign up for its unlimited plans on its faster 5G network. The largest U.S. wireless carrier is now matching similar trade-in offers from AT&T Inc. and T-Mobile US Inc. in an effort to reverse...
Jun 02, 2021
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Verizon Media Expands Partnership With Condé Nast’ Offering Exclusive Content & Commerce Experience To Consumers
Reportedly, Verizon Media (VZ) and Condé Nast announced an expansion of their partnership to build the next generation content and advertising experiences for consumers and advertisers. The partnership unlocks new content distribution opportunities and increased access to Condé Nast’s premium in...
May 18, 2021
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Verizon Opens Recruitment Nationwide For 1,000 Roles, Amid Surge In Customer Demand
Reportedly, Verizon Communications, Inc. (VZ) is launching its largest recruitment effort in more than five years to handle the demand around 5G, new devices, and gaming, along with increasing customer visits to its nationwide stores. The company is adding more than 1,000 retail positions to ensure ...
May 18, 2021
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Verizon Selling Media Unit (Yahoo & AOL) To Apollo For $5B
Reportedly, Verizon Communications, Inc. (VZ) to sell its media unit, which includes Yahoo and AOL, to Apollo Global Management Inc for $5 billion, in a move to offload its digital media business. Verizon declared the unit nearly worthless with a $4.6 billion write-down in 2018, as major market gia...
May 03, 2021
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Peter Mitchell Appointed As General Manager For Verizon Connect
Reportedly, Peter Mitchell has been appointed as the general manager of Verizon Connect, an important part of Verizon Business’ product portfolio and also one of the world’s largest SaaS-based fleet management providers. Mitchell expands his role as the company’s chief technology officer. Mit...
May 03, 2021
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Verizon Reports Strong Q1 2021 Earnings
Verizon Communications, Inc. (VZ) reported first-quarter adjusted earnings that topped estimates. For the quarter ending March, Verizon's adjusted earnings were $1.31 per share, excluding items. Revenues increased 4% to $32.9 billion. A year earlier, Verizon earned $1.26 a share on revenue of $31.6 ...
Apr 21, 2021
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Verizon Launches 5G Internet In 21 U.S. Cities For Commercial Entities
As per reports, one of the largest U.S. telecom companies Verizon Communications, Inc. (VZ) is launching 5G internet for businesses in 21 U.S. cities this month, expanding its reach from Chicago, Houston, and Los Angeles. The telecom giant is offering a 10-year price lock for new customers, no data...
Apr 18, 2021
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Verizon Enters SBA/Crown Castle Deal To Quicken Deployment of C-band Equipment For Launch of 5G
As per reports, Verizon (VZ) has entered deals with SBA and Crown Castle, two-tower companies already hosting Verizon infrastructure equipment, to quicken the deployment of C-band equipment for the launch of 5G Ultra-Wideband and fixed wireless broadband service on this newly acquired spectrum. Ver...
Apr 16, 2021
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Verizon Strikes Its First Private 5G Contract In Europe
Reportedly, Verizon Communications, Inc. (VZ) has entered into its first private 5G contract in Europe with Associated British Ports for the deployment of the mobile network at the Port of Southampton, with the port becoming the first mainland port in the UK to have private 5G. On England's south c...
Apr 08, 2021
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Verizon Announces Quarterly Dividend Payable May 3, 2021
As per reports, the Board of Directors at Verizon Communications Inc. (VZ) announced a quarterly dividend of 62.75 cents per outstanding share, payable on May 3, 2021, to Verizon shareholders as of April 9, 2021. Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications a...
Mar 04, 2021
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Verizon Foundation Donates $250K To Feeding Texas To Support Storm Hit Communities
As per reports, the Verizon Foundation (VZ) is contributing $250K to Feeding Texas to support relief efforts in communities across the state after a recent historic storm. The organization will use the funds to relieve hunger needs, which was further saddened by the storms. Verizon customers can con...
Feb 23, 2021
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Warren Buffett Discloses Increased Stake In Verizon, Chevron & More
Reportedly, Warren Buffett’s Berkshire Hathaway disclosed its new stake in Verizon Communications (VZ) with 147.6 million shares, a stake valued at around $8.6 billion at the end of 2020, according to a 13-F securities filing making it the 6th largest position in its portfolio. Berkshire Hathaway ...
Feb 18, 2021
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Verizon Reports Q4 Earnings, Stays Bullish On 2021 Outlook
Verizon Communications (VZ) reported their Q4r earnings beating market estimates recently. Verizon reported an adjusted EPS of $1.21 excluding items and revenue dropped 0.2% to $34.7 billion, for the quarter ending December 31. Verizon Media revenue increased by 11.4% to $2.3 billion on better-...
Feb 03, 2021
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Discovery+ Streaming Service Launches In U.S On Amazon Fire TV, Roku…
Discovery Inc.’s new streaming service Discovery+ is set to launch in the United States this week on services and platforms like Amazon Fire TV and Roku. The media company has a U.S. distribution deal with Verizon Communications Inc. (VZ) that will make its service available to 50 million customer...
Jan 07, 2021
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Verizon & Hearst Television Reach Agreement On Terms
As per reports, Verizon Communications, Inc. has reached an agreement with Hearst Television to avoid a New Year's Day blackout of the broadcasting group's channels on Verizon's fiber-optic networks in the U.S, including Boston and Baltimore. The agreement also covers viewers in Manchester, New Hamp...
Jan 07, 2021
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