Seeking Alpha

Verizon Communications (VZ)

  • Jan. 11, 2011, 1:17 PM
    The recent drop in the share prices of Verizon (VZ -2%) and AT&T (T -1.8%) is perhaps more about investors attempting "to figure out the impact of the Verizon iPhone (AAPL -0.3%) than the long-term financial and dividend picture for those two companies," notes Richard Shaw. What counts most is data delivery - not declining wireline revenue.
    | Comment!
  • Jan. 11, 2011, 11:36 AM
    Verizon Wireless (VZ, VOD) will sell the iPhone 4 (AAPL), a rebranded version of the existing device, starting on February 10, at a base price of $200. The data plan pricing info wasn't publicly available yet. The move most likely will squeeze AT&T (T -1.3%), which has been mocking Verizon's network capability.
    | Comment!
  • Jan. 11, 2011, 11:30 AM
    Moody's cuts ratings on convertible notes for RadioShack (RSH) - now pressing 52-week lows, -2.4% to $17.05, just part of a rough week for the mobile-dependent company as Verizon Wireless (VZ, VOD) announces its iPhone (AAPL).
    | Comment!
  • Jan. 11, 2011, 11:13 AM
    After much speculation and anticipation, Verizon (VZ -1.9%) makes it official: the Verizon iPhone 4 (AAPL -0.3%) is coming early next month. Verizon has been preparing the launch carefully, testing its network to make sure it has adequate spectrum, says Verizon Wireless CEO Dan Mead.
    | Comment!
  • Jan. 11, 2011, 8:56 AM
    The rumored Verizon Wireless (VZ, VOD) iPhone (AAPL) could cannibalize Android (GOOG) shipments by the million, given pent-up demand from subscribers who had no Apple alternative with the carrier, say some analysts. On the other hand, AT&T (T) may have a new incentive to push Android units and offset any losses.
    | 1 Comment
  • Jan. 10, 2011, 4:32 PM
    After Motorola Mobility's (MMI) impressive debut as a new company at CES, where it announced 3 new smartphones and the Xoom tablet, Morgan Keegan cut its rating to Market Perform from Outperform. Morgan Keegan noted disappointment at "not seeing a fully functioning tablet." MMI closed at -2.4%.
    | Comment!
  • Jan. 10, 2011, 4:09 PM
    With all the excitement on the possible Verizon (VZ) iPhone announcement tomorrow, Apple (AAPL) broke its 52-week high of $336.35/share. Apple is flat, and Verizon +0.1% AH.
    | Comment!
  • Jan. 10, 2011, 12:19 PM
    RadioShack (RSH) is -5.7% on expectation its finances will suffer if Verizon (VZ) and Apple (AAPL) formally announce their iPhone union. RadioShack depends heavily on mobile phone sales, isn't a Verizon partner, and just lost its kiosks in Sam’s Club (WMT), to boot. This is likely to be a "tough week" for RSH, notes Goldman Sachs.
    | Comment!
  • Jan. 10, 2011, 11:37 AM
    Despite AT&T's (T) claims, Verizon (VZ) has been building up its network to handle iPhone- (AAPL) like devices handily, say sources. Unlike AT&T, Verizon feels its network is robust enough to offer unlimited data-usage plans if it does start selling iPhones this month, as rumored. iPhone traffic has hurt AT&T's service levels.
    | Comment!
  • Jan. 10, 2011, 10:45 AM
    The rumored deal between Verizon (VZ +0.4%) and Apple (AAPL +1%) isn't quite that of equals, argues Kaufman Bros. Given softening Android (GOOG -0.8%) demand over the past 2 quarters, Verizon has been bleeding share to AT&T (T -1.4%). Verizon would probably pay a premium to preserve iPhone exclusivity.
    | Comment!
  • Jan. 10, 2011, 9:52 AM
    Even before Verizon (VZ +0.3%) unveils its rumored iPhone (AAPL +1.3%), AT&T (T -1.5%) is already launching an assault on it. AT&T says Verizon's CDMA technology is slower than AT&T's GSM network. "The iPhone is built for speed, but that's not what you get with a CDMA phone," says an AT&T spokesman.
    | 1 Comment
  • Jan. 10, 2011, 8:23 AM
    Verizon Wireless' (VZ, VOD) rumored unveiling of its iPhone (AAPL) in a New York event on Tuesday may mark an industry sea change, say analysts. This move would result in a surge of iPhone sales, and most likely let Apple fend off challenger Google (GOOG) and its partners. Premarket, VZ +1.2%, VOD -0.4%, GOOG -0.1%.
    | Comment!
  • Jan. 8, 2011, 12:25 AM
    Sure enough, Verizon Wireless' (VZ, VOD) Tuesday press conference is set to confirm its version of the iPhone (AAPL). Much of AT&T's (T) subscriber growth has come from its 3.5-year exclusive hold on the device; it could see 1M-3M fewer new subscribers with Verizon in the mix. (previously)
  • Jan. 7, 2011, 4:43 PM
    Verizon (VZ) suspiciously issues invites to a press conference for next Tuesday. It announced plenty at CES - does it now want to talk iPhone (AAPL)? Verizon is +0.3% and Apple +0.2% AH.
    | 1 Comment
  • Jan. 7, 2011, 1:23 PM
    Ultra-secretive Apple (AAPL) canceled employee vacation requests from February 3 through 6 in several U.S. regions, sources claim. Now there are whispers this is when the much-expected Verizon Wireless (VZ, VOD) iPhone launches.
    | Comment!
  • Jan. 7, 2011, 8:26 AM
    Given the explosion of wireless web and data users, U.S. airwaves face overload and expanding congestion, and "consumer frustration will grow with it," warns FCC chair Julius Genachowski. The FCC and the Commerce Department are trying to locate unused spectrum, and Genachowski favors incentive auctions.
    | Comment!
Visit Seeking Alpha's
VZ vs. ETF Alternatives
Company Description
Verizon Communications Incis a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its two segments are Wireless and Wireline.