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Articles tagged with: Verizon Communications

Verizon Quarterly Profits Down by 10%

Verizon Communications has reported that its total operating revenues grew 10.2 percent to US$27.3 billion, compared with the third quarter 2008. This includes revenues from Alltel, which Verizon acquired in January 2009. On a pro forma basis, operating revenue growth was 0.6 percent.  more

Related Tags: USA


Earnings Preview: Verizon stock has lagged in 3Q

Verizon Communications is scheduled to report third-quarter results Monday morning. The following is a summary of key developments and analyst opinion related to the period. more

Related Tags: USA


Verizon Pushing Ahead With Integrated Transcoding in its IP Core

­USA based Verizon has committed to delivering all of its next-generation network multimedia content over its IP-based core network, facilitating the convergence of wireless and landline services.  more

Related Tags: broadband, radio, USA


Navy awards $60M deal to 3 wireless providers

The Navy awarded a bundled $60 million contract to AT&T, Sprint Nextel and Verizon Communications for nationwide cell phone service, the Pentagon said late Monday. more

Related Tags: sprint-nextel, at&t, USA


Verizon's tax appeal setback turns into $5m gain for Boston

Boston is in line for a $5 million tax windfall, at the expense of telecom provider Verizon Communications. more

Related Tags: boston, USA


Verizon 2Q profit falls, tops view, plans job cuts

Verizon Communications, the nation's largest wireless carrier, said Monday its second-quarter profit fell 21 percent as cost-cutting in its wireline business failed to keep pace with falling revenues. more

Related Tags: USA


Earnings Preview: Verizon to report 2Q results

Verizon Communications is scheduled to report second-quarter results Monday morning. The following is a summary of key developments and analyst opinion related to the period. more

Related Tags: USA


Court denies benefits for Verizon workers who took buyout

A New Jersey appeals court has ruled against dozens of former Verizon employees who were denied unemployment benefits after accepting a voluntary severance package. more

Related Tags: USA


Verizon Sells Landline Assets for $8.6 Billion

Verizon Communications, the 55% owner of Verizon Wireless has announced plans to sell its landline operations in predominantly rural areas in 14 states to Frontier Communications in an all-stock deal worth US$8.6 billion.  more

Related Tags: frontier-communications, landline, USA


European Incumbent Telecom Operators at Risk From Cable Broadband Upgrades

Fitch Ratings says in a report published today, that a number of European incumbent landline telecom operators risk increasing disadvantage given a failure to respond sufficiently to the risk posed by the cable operators' broadband investments and their own resistance to spending on fibre.  more

Related Tags: sim, eu, fitch-ratings, tim, ovi, verizon, landline, bt, virgin-media, fitch, UK


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