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Any acquisitions made by Verizon (VZ) will be in the "tens of millions of dollars" range, says...
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Tuesday, December 4, 2012, 10:52 AM ETAny acquisitions made by Verizon (VZ) will be in the "tens of millions of dollars" range, says CEO Lowell McAdam at a UBS conference - the fact regulators might frown on a large mobile purchase could be a reason why. McAdam also states Verizon is seeing its Q3 momentum extend into Q4, and that stock buybacks could arrive in 12-18 months. Unlike AT&T, Verizon has held off on making buybacks, in part because of the giant cash distributions made by Verizon Wireless.
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