Verizon is now primarily a wireless business (70% of revenue and nearly all operating income). It serves about 89 million postpaid and 4 million prepaid phone customers and connects another 24 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.
| Website: | www.verizon.com |
| Email: | george.connor@verizon.com |
| Main Phone: | +1 212 395-1000 |
| Address: | 1095 Avenue of the Americas |
| State: | NY |
| City / Town: | New York |
| Country: | USA |
| Postal Code: | 10036 |
| Exchange: | NYE |
| CEO: | Hans Erik Vestberg |
| Employees: | 135400 |
| NAICS: | Satellite Telecommunications(517410) |
The U.S. Federal Communications Commission (FCC) is expected to propose fining four major U.S. mobile phone companies at least $200 million.
Hoettges said the new T-Mobile would have a market value on paper of around $120 billion.
Encouraging economic data, largely upbeat corporate earnings and recent stimulus measures from China helped investors look past fears about the coronavirus.
US District Court Judge Victor Marrero is expected to make his decision public on Tuesday, according to a source.
If T-Mobile, Sprint merger is denied, what is the future for these companies and the wireless industry?
Inseego is a 5G company with proven revenues in the sector.
Verizon FiOS pay TV says they want to disrupt cable TV with “Mix and Match”. Could this signal this wireless giant is now focused on growth once again? Will they succeed in changing Pay TV space?
AT&T and Verizon are scheduled to testify before state lawmakers Wednesday about the cellular outages and ways to prevent them.
Why was Verizon's growth less than AT&T's and T-Mobile's in 2019? Barron's said Verizon's performance was weak in 2019 and that will continue in 2020. What can they do to jump-start growth with 5G wireless?
Let's take a deep dive into sectors, the Fed and trade wars.
Verizon is now primarily a wireless business (70% of revenue and nearly all operating income). It serves about 89 million postpaid and 4 million prepaid phone customers and connects another 24 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.
| Website: | www.verizon.com |
| Email: | george.connor@verizon.com |
| Main Phone: | +1 212 395-1000 |
| Address: | 1095 Avenue of the Americas |
| State: | NY |
| City / Town: | New York |
| Country: | USA |
| Postal Code: | 10036 |
| Exchange: | NYE |
| CEO: | Hans Erik Vestberg |
| Employees: | 135400 |
| NAICS: | Satellite Telecommunications(517410) |
The U.S. Federal Communications Commission (FCC) is expected to propose fining four major U.S. mobile phone companies at least $200 million.
Hoettges said the new T-Mobile would have a market value on paper of around $120 billion.
Encouraging economic data, largely upbeat corporate earnings and recent stimulus measures from China helped investors look past fears about the coronavirus.
US District Court Judge Victor Marrero is expected to make his decision public on Tuesday, according to a source.
If T-Mobile, Sprint merger is denied, what is the future for these companies and the wireless industry?
Inseego is a 5G company with proven revenues in the sector.
Verizon FiOS pay TV says they want to disrupt cable TV with “Mix and Match”. Could this signal this wireless giant is now focused on growth once again? Will they succeed in changing Pay TV space?
AT&T and Verizon are scheduled to testify before state lawmakers Wednesday about the cellular outages and ways to prevent them.
Why was Verizon's growth less than AT&T's and T-Mobile's in 2019? Barron's said Verizon's performance was weak in 2019 and that will continue in 2020. What can they do to jump-start growth with 5G wireless?
Let's take a deep dive into sectors, the Fed and trade wars.
| Last Price 54.16 | Change $ -0.9 | Change % -1.63 | Tick N/A |
| Bid 54.26 | Bid Size 100.00 | Ask 54.35 | Ask Size 300.00 |
| Open 53.74 | High 54.18 | Low 52.18 | Prev Close 55.06 |
| Last Trade | Volume 45.9 mi | 52 Wk Hi 62.23 | 52 Wk Low 52.19 |
| Market Cap 224 bi | Ex-Div Date | Div Rate 2.46 | Yield 4.5420 |
| Shares 4,135,863,778.00 | EPS (TTM) 4.65 | PE Ratio 11.80 | Exchange NYSE |
|
|
|
|
| Last 3 Mo | Last 12 Mo | |
|---|---|---|
| Number of Insider Trades | 3 | 35 |
| Number of Buys | 1 | 12 |
| Number of Sells | 2 | 23 |
| Net Activity | 4517 | -34314 |
| Last 10 Buys | Shares |
|---|---|
| Diego Scotti | 1,000 |
| Craig L. Silliman | 1,000 |
| Lowell C. McAdam | 1,000 |
| Lowell C. McAdam | 1,000 |
| Lowell C. McAdam | 1,000 |
| Lowell C. McAdam | 1,000 |
| Lowell C. McAdam | 1,000 |
| Clarence Otis | 1,000 |
| John R Stafford | 1,000 |
| Lowell C. McAdam | 1,000 |
| Last 10 Sell | Shares |
|---|---|
| Anthony T. Skiadas | 1,000 |
| Anthony T. Skiadas | 1,000 |
| Craig L. Silliman | 1,000 |
| Craig L. Silliman | 1,000 |
| Craig L. Silliman | 1,000 |
| Craig L. Silliman | 1,000 |
| Craig L. Silliman | 1,000 |
| Craig L. Silliman | 1,000 |
| Craig L. Silliman | 1,000 |
| Marni M. Walden | 1,000 |
| Current | 1 Week Ago | 2 Weeks Ago | 3 Weeks Ago | |
|---|---|---|---|---|
| High Target Price Estimate | 63 | 63 | 63 | 63 |
| Low Target Price Estimate | 50 | 50 | 50 | 50 |
| Mean Target Price Estimate | 55.91 | 55.91 | 55.91 | 55.63 |
| Standard Deviation | 3.09 | 3.09 | 3.09 | 3.21 |
| Date of Most Recent Estimate | 05/31/18 | 05/11/18 | 05/11/18 | 06/07/18 |
| Form Type | Form Description | Pages | Date |
|---|---|---|---|
| 424B2 | Prospectus filed under Rule 424(b)(2) | 1 | 2018-06-11 |
| 8-K | Report of unscheduled material events or corporate changes. | 10 | 2018-06-11 |
| 8-K | Report of unscheduled material events or corporate changes. | 3 | 2018-06-08 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-04 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-04 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-04 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-04 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-04 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-04 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-04 |
| Current | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|
| Strong Buy | 9 | 9 | 7 | 7 |
| Moderate Buy | 1 | 1 | 1 | 1 |
| Hold | 9 | 9 | 12 | 13 |
| Moderate Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Mean Rec. | 2 | 2 | 2.25 | 2.29 |
© 2020 Equities News | Equities.com, Inc.
* All dates and time are being displayed in Eastern Standard Time (EST).
Gathering Data... Please wait