Verizon Communications (VZ) - NYSE
  • Dec. 14, 2011, 3:08 PM

    A recent government report found LightSquared's 4G network interrupted 75% of GPS receivers, boosting existing fears on the matter. LightSquared has responded by accusing a government official of selectively leaking data, while simultaneously offering concessions to placate regulators. Sprint (S) is hoping LightSquared has its way, while the opposite holds for partner Clearwire (CLWR), not to mention T and VZ.

    | Dec. 14, 2011, 3:08 PM | 3 Comments
  • Dec. 13, 2011, 9:04 AM

    Netflix (NFLX) gives up sharp premarket gains after CNBC's David Faber takes to twitter saying his sources claim no one at Verizon (VZ) has ever discussed buying Netflix with anyone. Shares are -1.1% after being up 5%.

    | Dec. 13, 2011, 9:04 AM | 5 Comments
  • Dec. 13, 2011, 8:42 AM

    Netflix (NFLX) sees continued strength, +4.1% premarket, following continued reports discussing M&A speculation and potential partnerships. “With Verizon, [Reed] Hastings would get a lot broader distribution and global reach,” one source says. Any of the major content companies - perhaps except Time Warner, which has its own HBO Go streaming service - also could want to hook up with NFLX.

    | Dec. 13, 2011, 8:42 AM | 7 Comments
  • Dec. 12, 2011, 10:43 AM
    Netflix (NFLX +7.3%) is soaring on market chatter of Amazon (AMZN) and/or Verizon (VZ) making a play for the company. "I doubt it," tweets one of Seeking Alpha's Netflix watchers, Rocco Pendola.
    | Dec. 12, 2011, 10:43 AM | 7 Comments
  • Dec. 9, 2011, 11:14 AM

    BTIG analyst Rich Greenfield says 2012 will see a shift away from traditional cable TV when a "virtual" cable offering emerges on the scene to deliver "real" TV from the web. He envisions a major company lining up a wide score of distribution deals to enable them to offer consumers nearly the same variety of channels for live TV that they have now through cable providers. Potential players: WMT, AMZN, MSFT, DISH, VZ.

    | Dec. 9, 2011, 11:14 AM
  • Dec. 8, 2011, 12:32 PM

    Customers of Verizon Wireless (VZ -1.1%) may be getting testy after the self-proclaimed "most reliable" network experienced another major outage yesterday on its 4G network. As the first carrier to complete a major network overhaul, VZ serves as a guinea pig for the industry on bugs in LTE technology.

    | Dec. 8, 2011, 12:32 PM
  • Dec. 8, 2011, 10:58 AM

    Google (GOOG -0.1%) says it will invest $300M in a Hong Kong data center set to come online in 2013 as it looks keeps up with capacity demand in the region. It's another example of one the big boys setting up their own server farms (I, II) - instead of fanning it out to firms such as Verizon's (VZ -0.9%) Terremark unit.

    | Dec. 8, 2011, 10:58 AM
  • Dec. 8, 2011, 7:41 AM

    The Netflix-like (NFLX) online video service Verizon (VZ) is reportedly working on will be launched in May in partnership with Coinstar's (CSTR) Redbox, claims TechCrunch. Internally called Project Zoetrope, the service will feature both streaming and downloading, and will support a variety of devices. Unlike Netflix, subscription pricing will be based on "credits" rather than all-you-can-eat usage.

    | Dec. 8, 2011, 7:41 AM | 5 Comments
  • Dec. 7, 2011, 1:43 PM

    As Verizon (VZ) gears up to resell Comcast (CMCSA) and Time Warner's (TWC) video services, CEO Lowell McAdam says the carrier is nearing the end of its FiOS buildout, which will cover 18M homes when finished. However, McAdam adds Verizon is shooting for a penetration rate of 50% in FiOS-covered locales; if Verizon hit that target, it would doubtlessly spell more pain for cable providers. (earlier)

    | Dec. 7, 2011, 1:43 PM
  • Dec. 7, 2011, 11:16 AM

    Cablevision (CVC -1.2%) has filed a lawsuit in Federal Court accusing Verizon (VZ -1%) of embarking on an advertising campaign which makes intentionally false and misleading claims related to Cablevision's high-speed Internet service. Despite being fully aware of the false claims, Verizon has refused to stop running its ads, and the company says it's been forced to take legal action to halt them.

    | Dec. 7, 2011, 11:16 AM | 1 Comment
  • Dec. 7, 2011, 10:49 AM

    Verizon's (VZ) alliance (I, II) with Comcast (CMCSA) and Time Warner (TWC) could spell trouble for DSL providers such as AT&T (T), CenturyLink (CTL), and Frontier (FTR), argues Karl Bode. As it is, DSL is often at a competitive disadvantage to rival wireline broadband technologies, and now DSL providers may also have 4G LTE services to contend with.

    | Dec. 7, 2011, 10:49 AM | 3 Comments
  • Dec. 6, 2011, 4:32 PM

    "The competitor we fear most is HBO Go," claims Netflix's (NFLX -2.8%) Reed Hastings. While dismissing competition from Amazon (AMZN), Hulu, and Verizon (VZ), Hastings is impressed with HBO's online video platform, and sees it becoming the core of its offerings. Separately, Time Warner (TWX) CEO Jeff Bewkes says HBO Go users view 30%-50% more content than non-users. (earlier)

    | Dec. 6, 2011, 4:32 PM
  • Dec. 6, 2011, 3:29 PM

    Verizon (VZ +1.2%) plans to launch a stand-alone service allowing customers to stream movies and television shows over the Internet, in a new challenge to Netflix (NFLX -1.9%) and traditional cable TV, Reuters reports. VZ is talking with prospective programming partners about the service, which could be launched in 2012.

    | Dec. 6, 2011, 3:29 PM | 1 Comment
  • Dec. 6, 2011, 3:05 PM

    Verizon Wireless (VZ, VOD) tries to defuse a growing backlash to its decision to block access to Google Wallet (GOOG) - a move that many suspect was done to suppress a rival to its Isis mobile payments JV. A Verizon spokesman claims security issues were responsible for the decision, and that Verizon continues to have "commercial discussions" with Google on the matter.

    | Dec. 6, 2011, 3:05 PM
  • Dec. 6, 2011, 11:54 AM

    Verizon Wireless (VZ, VOD) once again received the highest rating among nationwide carriers in Consumer Reports' annual customer satisfaction survey. Sprint (S) finished a close second, while AT&T (T) received the lowest marks for yet another year. However, it's added the happiest subscribers tend to be those signed up for prepaid plans, and/or with smaller service providers. (yesterday)

    | Dec. 6, 2011, 11:54 AM | 1 Comment
  • Dec. 6, 2011, 9:29 AM
    Following Verizon Wireless' (VZ) deal with Comcast (CMCSA) and Time Warner (TWC) last week that allows them to market mobile-phone services to their customers, Charter Communications (CHTR) CEO Michael Lovett yesterday said he is interested in discussing an alliance with Verizon (VZ) as well.
    | Dec. 6, 2011, 9:29 AM
Company Description
Verizon Communications Inc. operates as a holding company, which provides broadband, wireless and wireline communications services to consumer, business, government and wholesale customers. It operates through Wireless and Wireline segments. The Wireless segment provides communications products... More
Sector: Technology
Industry: Telecom Services - Domestic
Country: United States