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Zacks News
Verizon Communications Inc. was formed through the merger of Bell Atlantic and GTE Corp. The company offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide. With the ramp-up of 5G service across the country, Verizon is likely to retain its lead in promulgating 5G mobile networks nationwide by using virtualized machines, advanced levels of operational automation and adaptability. Effective second-quarter 2019, the company has reorganized its operating segments under its new operating structure dubbed Verizon 2.0.
Corning (GLW) Beats Q3 Earnings on High Gorilla Glass Demand
by Zacks Equity Research
Corning's (GLW) third-quarter results benefited from the revenue upside driven by strong sales of Gorilla Glass and fiber products.
Charter Communications (CHTR) Q3 Earnings: What's in Store?
by Zacks Equity Research
Despite a positive earnings estimate, cord-cutting continues to remain a major concern for Charter Communications' (CHTR) video subscriber growth.
Top Analyst Reports for American Express, Verizon & eBay
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including American Express (AXP), Verizon (VZ) and eBay (EBAY).
Charter Communications to Enter Wireless Market in 2018
by Zacks Equity Research
In February 2017, Charter Communications Inc. (CHTR) announced that it will be launching experimental field trials of the upcoming 5G wireless network.
Markets Avert Black Thursday Fall
by Zacks Equity Research
Markets Avert Black Thursday Fall
Strength in Jobs, Earnings = No Black Thursday Crash
by Mark Vickery
Today is the 30th anniversary of the stock market crash in 1987, which would later be referred to as "Black Monday."
MasTec Wins 2018 Pipeline Construction Project Worth $1.5B
by Zacks Equity Research
MasTec (MTZ) won a large project pipeline construction award worth over $1.5 billion. This signals significant multi-year opportunities for large pipeline construction project activity going ahead.
Verizon (VZ) Meets Q3 Earnings Estimate, Tops Revenues
by Zacks Equity Research
Verizon Communications Inc. (VZ) gained impressive number of postpaid wireless subscribers in the third-quarter 2017.
Will Verizon's (VZ) Entry Into Telematics Business Pay Off?
by Zacks Equity Research
Verizon Communications Inc. (VZ) is an active player in the fleet management and telematics business through its Verizon Telematics subsidiary, which has operations in 40 countries.
Accenture (ACN) Closes Strategy Consultancy Firm IBB Buyout
by Zacks Equity Research
The acquisition of IBB has further fortified Accenture's (ACN) presence in the communication, media and technology (CMT) consulting market, and is believed to help it gain higher market share.
The Zacks Analyst Blog Highlights: AT&T, DISH Network, Verizon Communications and Comcast
by Zacks Equity Research
The Zacks Analyst Blog Highlights: AT&T, DISH Network, Verizon Communications and Comcast
Will U.S. Pay-TV Industry Continue Facing Distressing Times?
by Zacks Equity Research
In terms of customer retention, legacy pay-TV operators are yet to cope with the onslaught of low-cost online video streaming service providers.
The Zacks Analyst Blog Highlights: T-Mobile US, Sprint, Verizon Communications and U.S. Cellular
by Zacks Equity Research
The Zacks Analyst Blog Highlights: T-Mobile US, Sprint, Verizon Communications and U.S. Cellular
Frontier Communications to Retire Copper Network in New York
by Zacks Equity Research
Frontier Communications Corp. (FTR) is leaving no stones unturned to derive benefits from the growing Business Service Segment.
Verizon (VZ) to Retire Copper Networks for Fiber Migration
by Zacks Equity Research
Verizon Communications Inc. (VZ) said that the network switchover will take effect on or after Feb 28, 2018, provided the FCC allows it to do so.
Stock Market News For Sep 20, 2017
by Zacks Equity Research
Benchmarks closed higher on Tuesday as the Federal Open Market Committee (FOMC) two day meeting kicked off.
Verizon to Bolster Fiber Optic Network in Major U.S. Cities
by Zacks Equity Research
Accumulation of dark fiber will bolster Verizon Communications Inc.'s (VZ) cell network density consequently boosting its mobile backhaul network.
CenturyLink (CTL) Defers Level 3 Communications Acquisition
by Zacks Equity Research
The much-hyped merger between CenturyLink (CTL) and Level 3 Communications that will expectedly raise CenturyLink's network by 200,000 route miles of fiber is likely to be closed by the end of October.
Accenture to Buy IBB, Boost Strategy Consulting Capabilities
by Zacks Equity Research
The acquisition of IBB Consulting will fortify Accenture's (ACN) presence in the communication, media and technology (CMT) consulting market, as well as help gain higher market share.
Telephone and Data Systems to Buy K2 to Strengthen Broadband
by Zacks Equity Research
K2 Communications is Telephone and Data Systems Inc.'s (TDS) fourth acquisition in 2017.
Keysight's (KEYS) Earnings Decline in Q3, Revenues Up Y/Y
by Zacks Equity Research
Keysight's (KEYS) third-quarter fiscal 2017 earnings declined due to higher expenses. However, strong revenue growth reflects robust demand for the company's 5G and IoT solutions.
Here's Why Investors Should Retain Charter (CHTR) Stock
by Zacks Equity Research
Charter Communications' (CHTR) recent launch of lucrative promotional offers in order to stay ahead of competition with a strong subscriber base and initiatives to improve its Spectrum products is encouraging.
Telecom Stock Roundup: Verizon Strengthens Virtual Network Services, Comcast Inks Deal With Sunrun
by Zacks Equity Research
Telecom behemoth Verizon Communications Inc. (VZ) enhances cloud cybersecurity for its enterprise customers, Comcast Corp. (CMCSA) inks a 40-month deal with Sunrun Inc. (RUN).
Why DISH Network (DISH) Share Price Jumped in Last Session
by Zacks Equity Research
A federal appeals court has ordered the Federal Communications Commission (FCC) to review the case of two firms affiliated with DISH Network Corp. (DISH) in an airwaves auction.
Comcast (CMCSA) Expands Smart-Home Services Domestically
by Zacks Equity Research
Comcast (CMCSA) to offer smart-home services, in sync with its efforts to expand new lines of business to cope up with the loss. It also remains competitive in the market, thus increasing revenues.