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Articles tagged with: Verizon Communications and Landline
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, 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, bt, virgin-media, fitch, UK
Qwest Reach Agreement With Unions, Avoid Strike
NEW YORK -(Dow Jones)- Qwest Communications International reached a tentative agreement with the unions representing a bulk of its work force early Sunday. more
Related Tags: verizon, dell, qwest, pension, qwest-communications, unions, USA
EARNINGS PREVIEW: US Telecoms Expect Strong Wireless Qtr
TAKING THE PULSE: The wireless business continues to hum for the U.S. telecommunications companies, but signs of competitive pressure are beginning to creep in. Wireless continues to be driven by smartphone sales and the adoption of pricier service plans, offsetting the deteriorating wireline business. AT&T remains at the forefront but eventually will lose its leadership position in wireless once Verizon Communications completes its acquisition of Alltel. Smaller companies, meanwhile, are scrambling to catch up, with prepaid wireless reseller Virgin Mobile USA acquiring niche player Helio. The landline business, meanwhile, continues to deteriorate as a result of economic pressures and alternative lines of communications. more
Related Tags: thomson, samsung, cisco, sprint-nextel, virgin-mobile, verizon, alltel, lg, virgin-mobile-usa, touchscreen, lg-electronics, satellite, sprint, nextel, USA
Sprint, Clearwire Promise Two-Way Internet Video
WASHINGTON -(Dow Jones)- Sprint Nextel and Clearwire pledged Monday to deliver wireless Internet access to police, firefighters and schools at speeds fast enough to handle two-way video conferencing if federal regulators approve their merger. more
Related Tags: google, mobile-wimax, clearwire, sprint-nextel, verizon, fcc, sprint, nextel, wireless-broadband, antitrust, USA
AT&T 1Q Net Up 22% on Strong Wireless Growth
NEW YORK -(Dow Jones)- It's a tale of two extremes at AT&T. On one end, the wireless business continues to perform well, shrugging off economic worries and concern that the base of potential new customers is shrinking. On the other, the wireline business is losing ground, particularly as margins shrink. more
Related Tags: thomson, verizon, USA
A Qwest Dividend Is Possible, But Other Priorities Remain
NEW YORK -(Dow Jones)- Qwest Communications International may be set to answer the call for a long-awaited dividend. more
Related Tags: fitch-ratings, sprint-nextel, qwest, compete, sharp, fitch, qwest-communications, USA
Verizon 2Q Net Up; Wireless Arm to Buy Rural Cellular
Verizon Communications said second-quarter net income rose 4.5% as the company's wireless business continued a trend of strong performances. more
Related Tags: thomson, new-york