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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.
Yahoo!'s Latest Data Breach to Jeopardize Verizon Deal?
by Zacks Equity Research
Yahoo! Inc. (YHOO) disclosed another massive data breach yesterday (Dec 14) that might have compromised private information of more than one billion users.
Yahoo (YHOO) Down 5.3% on Security Breach, Verizon Deal Doubts
by Madeleine Johnson
On Thursday, shares of Yahoo Inc. (YHOO) are down about 5.3% in afternoon trading after reports have surfaced that Verizon (VZ) is weighing doubts on its deal to acquire the internet company for $4.8 billion, following news of another security breach.
Zacks Industry Outlook Highlights: Verizon Communications, AT&T, Comcast, DISH Network and Alphabet
by Zacks Equity Research
Zacks Industry Outlook Highlights: Verizon Communications, AT&T, Comcast, DISH Network and Alphabet
Frontier Communications: View Strong, Voice Revenue Soft
by Zacks Equity Research
On Dec 12, we issued an updated research report on Frontier Communications (FTR)
Liberty Media Seeks Investor Support for Formula One Buyout
by Zacks Equity Research
Liberty Media (LMCA) has entered into an agreement with several third-party investors.
Changes in Economic Policy Major Concerns for U.S. Telecom
by Zacks Equity Research
In general, the beleaguered telecommunications companies have high debt levels and large financial leverage ratios.
Zacks Industry Outlook Highlights: Verizon Communications, AT&T, Sprint and T-Mobile US
by Zacks Equity Research
Zacks Industry Outlook Highlights: Verizon Communications, AT&T, Sprint and T-Mobile US
U.S. Telecom Industry: Momentum to Continue in 2017
by Zacks Equity Research
Wireless network strength holds the key to overall growth of this space. As wireless networks run on radio frequency, spectrums (airwaves) have logically become the most sought-after asset in the industry.
Bull of the Day: Acacia Communications (ACIA)
by Kevin Cook
The hottest IPO of 2016 makes optical networking equipment to build the new high-speed cloud for Facebook
Verizon Gains Boston Cable TV License, Aims to Install FiOS
by Zacks Equity Research
Verizon (VZ) recently received the final nod from the City of Boston for the Final Cable Television (CATV) License, which allows Verizon to operate in Boston.
Will FCC's 600 MHz Spectrum Auction be a Flop Show?
by Zacks Equity Research
The ongoing 600 MHz low-band wireless spectrum auction, popularly known as -- Incentive Auction -- conducted by the FCC, has so far seen lukewarm response from bidders.
Charter Communications Strong on Mergers, Competition Rife
by Zacks Equity Research
On Dec 6, 2016, we issued an updated research report on cable multi-service operator (MSO) Charter Communications (CHTR).
Equinix (EQIX) to Buy Certain Data Center Assets from Verizon
by Zacks Equity Research
Equinix Inc. (EQIX) has agreed to acquire 24 data center sites, which consist of 29 data center buildings across 15 metro areas, in operation from Verizon Communications Inc. (VZ) for a total cash consideration of $3.6 billion.
FCC to Initiate Stage 3 of the 600 MHz Spectrum Auction
by Zacks Equity Research
U.S. telecom regulator, the Federal Communications Commission (FCC), is likely to commence the stage 3 of the second part (forward auction) of the ongoing Incentive Auction.
Telecom Providers' Zero-Rated Plans to Face FCC Scrutiny
by Zacks Equity Research
The FCC recently issued letters to two major telecom providers in the U.S. -- Verizon (VZ) and AT&T (T).
Charter Communications to Restructure Enterprise Business
by Zacks Equity Research
Charter Communications Inc. (CHTR) has decided to rebrand its Enterprise Business Service division within the next three weeks.
Stock Market News for October 21, 2016
by Zacks Equity Research
Benchmarks finished in the red on Thursday following slump in oil prices and decline in telecom stocks
Jobless Claims, Draghi Speaks, More Q3 Earnings
by Mark Vickery
The finance-heavy early earnings season has shown some real progress in pushing out of a 5-month-long earnings recession.
Marriott Hotel King, Yahoo's Breach and Twitter to Be Sold?
by Mark Vickery
Marriott is now the world's largest hotel chain, 500 million Yahoo accounts were compromised and Twitter may be up for sale.
U.S. Telecom: Pricing War, Regulatory Control Major Concerns
by Zacks Equity Research
Net neutrality implies an open-Internet atmosphere which will prohibit ISPs, especially telecom and cable TV operators, from discriminating against applications.
Q2 Earnings Season Opens the Spigot: MCD, VZ, CAT & More
by Mark Vickery
Following a first couple weeks of a mostly positive trickle of earnings reports released, we've now opened the tap fully.
Stock Market News for July 25, 2016
by Zacks Equity Research
Benchmarks ended in the green on Friday following strong gains from telecom giants Verizon and AT&T and better-than-expected private domestic manufacturing data.
Got Your Jobs Correction Right Here!
by Mark Vickery
The June Non-farm Payroll Report was released before the bell this morning, bringing a surprisingly high 287K jobs to the market.
More Data Points to 'Muddle-Through' Economy
by Mark Vickery
Productivity falling to a negative is not a good thing for GDP numbers ??? and we know Janet Yellen and the rest of the FOMC are paying attention.
Head-Scratcher Time: BLS Jobs at 38K Well Short of Estimates
by Mark Vickery
May jobs totals are more than 100K shy of even the low range of analyst estimates prior to the non-farm payroll report's release.