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Articles tagged with: Verizon Wireless and Verizon Communications
Verizon Mulls Hostile Attempt to Force $100 Billion Vodafone Deal
Vodafone has declined to comment on fresh reports that Verizon Communications has hired advisors to drive forward a US$100 billion deal to buy out their Verizon Wireless joint venture. more
Related Tags: bluetooth
Verizon Could raise $80 Billion to Buy Out Vodafone Stake
A Citi analyst has suggested that Verizon Communications could raise upwards of US$80 billion of fresh debt if it were to buy out Vodafone's 45% stake in their US joint venture. more
Related Tags: maroc-telecom, vivendi, France
Verizon Communications Posts $4.2 Billion Loss After One-Off Costs
USA based Verizon Communications has reported that its fourth-quarter revenues rose by 5.7% to reach US$30.05 billion. However, the company posted a net loss of US$4.23 billion compared to a loss of US$2 billion a year ago - thanks largely to the recently announced pensions provision. more
Related Tags: at&t, alltel, cdma, USA
Verizon Wireless Added Over 2 Million New Customers in Q4 2012
Verizon Wireless expects to have signed up an additional 2.1 million retail postpaid customers in the fourth quarter 2012 - of which approximately 87 percent were smartphones. For the full year, smartphone activations increased more than 15 percent as compared to 2011. more
Verizon Raises Possibility of Buying Out Vodafone from Verizon Wireless
Verizon Communications has again raised the possibility of buying out Vodafone's 45% stake in their Verizon Wireless joint-venture. more
Related Tags: huawei
Fitch Rates Verizon Communications' Proposed Debt Issue 'A'; Outlook Stable
Fitch Ratings has assigned an 'A' rating to Verizon Communications' proposed three tranche offering of US$4.5 billion of senior unsecured notes. The proceeds will be used to retire prior to maturity all or a portion of US$1.75 billion of debt due in 2013, US$2 billion of debt due in 2018 and to fund a tender offer, contingent upon completing the offering, for any or all of the US$1.25 billion 8.95% senior unsecured notes due in 2039. Remaining proceeds may be used for general corporate purposes. The Rating Outlook is Stable. more
Related Tags: telecom-egypt, mvno, Egypt
Verizon Communications Posts 21% Rise in Quarterly Profits
USA based Verizon Communications has reported a third consecutive quarter of double-digit percentage growth in year-over-year earnings. Verizon's total operating revenues were $29 billion on a consolidated basis, an increase of 3.9 percent compared with third-quarter 2011. more
Related Tags: cable-&-wireless-communications, ctm, Macao
Verizon Communications Posts 19% Rise in Quarterly Profits
Verizon Communications today reported a second consecutive quarter of double-digit percentage growth in year-over-year earnings results and significant increases in operating cash flow. more
Related Tags: econet-wireless,
Verizon Drops into Quarterly Loss on Pension Costs
USA based Verizon Communications has dropped into a net loss for the fourth-quarter, reporting a loss of US$212 million, compared to a profit of US$4.65 billion a year earlier. more
Related Tags: USA
Fitch Rates Verizon Communications' Proposed Debt Issue 'A'; Outlook Stable
Fitch Ratings has assigned an 'A' rating to Verizon Communications proposed offering of senior unsecured notes. The proceeds will be used to repay all or a portion of $3.45 billion of VZ and operating subsidiary debt due in 2012 and 2013 prior to maturity and, depending on the size of the offering, to repay up to approximately $1.8 billion of commercial paper (CP) outstanding. The Rating Outlook is Stable. more
Related Tags: USA
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