Verizon says its profit rose 16 percent in the latest quarter as revenue from wireless service kept rising at a rate that's the envy of the industry.Verizon Communications Inc. reported net income of $1.95 billion, or 68 cents per share, in the January to March period. That was up from $1.69 billion, or 59 cents per share, a year earlier.
(1 month and 6 days ago)
Verizon plans to shake up the TV industry by offering more channels but only paying for shows subscribers are actually watching.
(2 months and 8 days ago)
Mere weeks after Verizon strongly denied reports that it was planning to take over Vodafone, the U.S. carrier is now rumored to be planning a buyout of Voda's share in Verizon Wireless.
(30 days ago)
But Verizon plans to file an appeal of the decision
(13 days ago)
Filed under: Investing Verizon has declared its latest quarterly dividend. The company will pay $0.515 per share of its stock on May 1 to shareholders of record as of April 10. This amount matches the previous two disbursements; prior to that, the firm had dispensed $0.50 per share. Its dividends have steadily increased over time. In the last several years, it has tended to...
(2 months and 18 days ago)
NEW YORK (TheStreet) -Vodafone shares rose more than 2% before market open on Tuesday as rumors continued to swirl that it will buyout Verizon's stake in their Verizon Wireless joint venture. Shares of Vodafone gained 2.18% to $28.54. The telecom giant was also one of the most active pre-market Nasdaq stocks on share volume of 334,401. Verizon shares crept up 0.33% to...
(2 months and 8 days ago)
Verizon's prepaid plans are still more expensive than other no-contract operators, but you can now get 2 GB of 3G data on the $60 plan and 4 GB on the $70 plan.
(9 days ago)
Filed under: Investing Verizon may be on the verge of making Vodafone an offer it can't refuse. Lowell McAdam, Verizon's CEO, suggested at an investors' meeting held earlier this week that the company might not distribute Verizon Wireless profits this year to its owners -- itself and Vodafone. It's no secret that Verizon wants Vodafone's 45% share of Verizon Wireless for...
(22 days ago)
Vodafone shares today tumbled as much as 2.7 per cent to 185p after US mobile giant Verizon formally denied it wanted to buy its British counterpart.
(1 month and 21 days ago)
NEW YORK (Reuters) - Verizon Wireless dividend payments may be lean going forward as the venture of Verizon Communications Inc and Vodafone Group Plc conserves cash to pay down debt and prepare for a spectrum auction, a top Verizon Communications executive said on Tuesday. Verizon Chief Financial Officer Fran Shammo told analysts during an investor conference the wireless...
(11 days ago)
More Games news »