Verizon Communications (VZ) - NYSE
  • Sep. 27, 2011, 2:27 PM

    Several major phone vendors are giving their support to the Isis mobile payments JV launched by VZ, T, and T-Mobile. While these moves don't preclude vendors from also supporting Google Wallet, they could throw a wrench into Google's hopes for market dominance. AAPL hasn't yet announced support for either Isis or Google Wallet.

    | Sep. 27, 2011, 2:27 PM
  • Sep. 27, 2011, 2:09 PM
    Apple (AAPL +0.8%) continues underperforming following its expected iPhone announcement, perhaps due to ongoing fears about iPad shipment cuts. However, Piper and UBS are once more issuing bullish notes, believing the iPhone 5 will see strong pent-up demand. Piper expects Verizon (VZ) customers to be especially eager to buy the device.
    | Sep. 27, 2011, 2:09 PM | 3 Comments
  • Sep. 22, 2011, 1:26 PM

    Clearwire (CLWR -3%) resumes trading after the stock was briefly halted over reports it was in talks with AT&T (T) and Verizon Wireless (VZ, VOD) about 4G LTE network use. Just yesterday, Clearwire's CFO had commented that the company would consider selling some spectrum if the right opportunity presented itself.

    | Sep. 22, 2011, 1:26 PM
  • Sep. 21, 2011, 5:00 PM

    While cable companies such as CMCSA and TWC are losing TV subscribers to telcos such as T and VZ, TeleGeogrphy believes this is more than offset by the ability of their broadband and voice businesses to gain share. Worldwide, cable companies now have over 100M broadband subscribers, and over 65M voice subscribers. (earlier)

    | Sep. 21, 2011, 5:00 PM
  • Sep. 21, 2011, 4:46 PM

    While the DOJ and Sprint (S) oppose the AT&T/T-Mobile (T) merger, Verizon (VZ), which could benefit from the removal of T-Mobile as a low-cost competitor, continues to give the deal its tacit support. CEO Lowell McAdam demonstrates this support again today by claiming the merger "had to occur" due to spectrum shortages.

    | Sep. 21, 2011, 4:46 PM
  • Sep. 21, 2011, 1:59 PM

    Verizon's (VZ) CEO predicts a "third ecosystem" will emerge in the next 12 months to challenge Android (GOOG) and iOS (AAPL), given carrier interest in seeing one. Of the 3 possibilities he mentions - Samsung's Bada, Windows Phone (MSFT), and Research In Motion's (RIMM) QNX - Windows Phone appears to have the best shot, given the breadth of its support.

    | Sep. 21, 2011, 1:59 PM | 2 Comments
  • Sep. 21, 2011, 8:41 AM

    Though their voice-related profits are under pressure, text messaging is still a major cash cow for carriers such as VZ, T, and S. A Pew Internet survey estimates U.S. adults sent an average of 41.5 texts/day as of this spring, up from 39.1 in the year-ago period. 18-24 year-olds were by far the most prolific users, averaging 109.5 texts/day. (.pdf)

    | Sep. 21, 2011, 8:41 AM
  • Sep. 20, 2011, 2:52 PM

    Microsoft (MSFT) is reportedly exploring partnerships with Comcast (CMCSA) and Verizon (VZ) to allow Xbox users to access pay-TV services without needing a set-top box from the likes of CSCO or MMI. Last week, the company previewed plans for its Xbox TV platform, which will feature a combination of live and on-demand content.

    | Sep. 20, 2011, 2:52 PM
  • Sep. 19, 2011, 1:11 PM
    TiVo (TIVO -2.2%) slips after Caris' David Miller cuts shares to Neutral. Though considering a settlement to TiVo's patent suits against AT&T (T) and Verizon (VZ) likely, Miller feels "nervous" about their current status, following a delay in the AT&T trial. He also thinks TiVo's risk/reward is unfavorable following its recent run-up.
    | Sep. 19, 2011, 1:11 PM
  • Sep. 19, 2011, 9:34 AM

    Verizon Wireless (VZ, VOD) has caused an uproar by declaring plans to throttle 3G connection speeds for heavy data users still on unlimited plans. This move could be marginally positive for Sprint (S), which has targeted data-hungry smartphone users by continuing to offer unlimited plans, and reportedly will soon offer the iPhone (AAPL).

    | Sep. 19, 2011, 9:34 AM
  • Sep. 16, 2011, 2:40 PM
    TiVo (TIVO -0.6%) is down slightly after a trial for a patent infringement suit the DVR maker has filed against AT&T (T) regarding the the latter's U-Verse service is delayed until January. TiVo, which received a $500M settlement from DISH in May, is also suing Verizon (VZ) over its FiOS service.
    | Sep. 16, 2011, 2:40 PM
  • Sep. 16, 2011, 8:19 AM
    AT&T (T) will launch 4G LTE service in 5 cities this weekend, and plans to add 10 more by year's end. But this pales relative to the 102 cities covered by Verizon Wireless' (VZ, VOD) LTE network as of July; and for the time being, AT&T's service, unlike Verizon's, won't support any phones, only modems, tablets, and hotspots.
    | Sep. 16, 2011, 8:19 AM | 3 Comments
  • Sep. 14, 2011, 2:37 PM

    Clearwire (CLWR +8.6%) shares take off after the struggling carrier announces a partnership with China Mobile (CHL) for developing hardware supporting TD-LTE 4G technology. TD-LTE offers higher potential download capacity than the FDD-LTE tech supported by VZ and T, and can also be deployed in cheaper spectrum.

    | Sep. 14, 2011, 2:37 PM
  • Sep. 13, 2011, 5:04 PM

    Verizon Wireless (VZ, VOD) stays active in the fast-growing market for contract-free phone plans with a new unlimited $50/month prepaid plan set to launch Thursday at its stores and select retailers. Barclays notes the $50 prepaid offer may be as low as VZ goes, in order to prevent "cannibalization" of existing customers with contracts.

    | Sep. 13, 2011, 5:04 PM
  • Sep. 12, 2011, 4:49 PM
    Verizon (VZ) CEO Lowell McAdam states Verizon Wireless won't be paying an annual dividend to its parent companies, ostensibly because the carrier may need the money to acquire rivals or obtain spectrum. In July, Verizon Wireless declared a one-time dividend of $10B, $4.5B of which went to frustrated minority investor Vodafone (VOD).
    | Sep. 12, 2011, 4:49 PM | 3 Comments
  • Sep. 8, 2011, 12:51 PM

    Disney's (DIS -1.2%) ESPN extends a deal with the NFL through 2021 for $15.2B. The deal lets the network extend coverage - possibly into playoffs - and allows it to stream programming to Verizon (VZ -0.2%) cellphones.

    | Sep. 8, 2011, 12:51 PM
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