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Verizon Communications (VZ)

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  • Nov. 23, 2010, 3:28 PM
    Verizon Wireless (VZ, VOD) will extend Skype support to some of its prepaid phones. Since becoming partners in February, Verizon has added Skype support for 20 devices on its network.
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  • Nov. 19, 2010, 4:16 PM
    Amazon (AMZN) is selling Verizon Wireless' (VZ, VOD) high-end Android (GOOG) handsets for 1 cent through November 22. The deal requires buying a new Verizon contract, but nevertheless offers a huge discount. Amazon closed at +0.5% % to $164.99.
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  • Nov. 19, 2010, 2:39 PM
    Cox Communications will become the first U.S. cable company to challenge AT&T (T) and Verizon Wireless (VZ, VOD) with a wireless phone offering. Cox will use Sprint Nextel's (S) 3G infrastructure as it builds its own network, and will support Android (GOOG) based phones. However, Cox is 'late to the party in a crowded industry,' says an analyst.
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  • Nov. 18, 2010, 3:56 PM
    Vodafone (VOD) will resolve its relationship with its cash-strapped Verizon Wireless (VZ) joint venture by the end of 2011, says CEO Vittorio Colao. "If it’s impossible to get cash out of it, we should go for other solutions which are not very advantageous to our shareholders and the company,” he says.
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  • Nov. 18, 2010, 9:36 AM
    Verizon Wireless (VZ, VOD) is mulling charging wireless customers by both the speed of their data connections, as well as by volume of data. This move would be paired with Verizon's migration to a 4G network.
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  • Nov. 17, 2010, 4:03 PM
    Sources claim AT&T's (T) exclusive relationship as U.S. wireless carrier for the iPhone (AAPL) will soon end, and the operator is now scanning the device manufacturer horizon for similar deals. Sources say Verizon Wireless (VZ) will sell the iPhone early in 2011.
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  • Nov. 17, 2010, 12:06 PM
    Verizon (VZ) and Microsoft (MSFT) expand their alliance on cloud computing targeted at small and medium businesses. The new offerings combine Verizon IP networking with professional services and Microsoft's online services suite to tackle messaging and collaboration.
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  • Nov. 16, 2010, 12:08 PM
    Sources say Sprint (S) will kill the original Palm Pre less than 18 months after the smartphone's debut. The device never built momentum with developers, as did the iPhone, frustrating hopes that it would save Palm, and enable Sprint to better challenge AT&T (T) and Verizon (VZ).
     
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  • Nov. 16, 2010, 11:39 AM
    AT&T (T), Verizon (VZ), and T-Mobile are creating a new ecommerce network enabling customers to make payments via cell phones. Google (GOOG) will also offer a phone that replaces a credit card.
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  • Nov. 15, 2010, 3:15 PM
    Details are reportedly coming tomorrow on the joint venture between Verizon Wireless (VZ, VOD), AT&T (T) and T-Mobile (DTEGY.PK) (as well as Discover (DFS) and Barclays (BCS)) on a mobile payments system that will allow consumers to complete purchases with their phones.
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  • Nov. 15, 2010, 2:50 PM
    A host of tablet computers are soon due to hit the field, with sales jumping from 15.1M units in 2010 to 115M in 2014, and revenue moving from $9.5B to $55B in the same period. The winners will include iPad (AAPL)-chasing PC makers like Dell (DELL) looking for a new revenue stream. The losers will include the cannibalized notebooks and netbooks markets.
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  • Nov. 11, 2010, 1:46 PM
    Despite all predictions that video-only satellite would suffer from phone and cable competition, DirecTV (DTV) is still expanding, adding 174K subscribers in the third quarter - likely due to an aggressive push for high-end customers. Competitors Dish Network (DISH) and cable companies saw declines, while AT&T (T) and Verizon (VZ) are still adding subscribers via rollouts.
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  • Nov. 10, 2010, 1:52 PM
    Vodafone (VOD) reports selling its stake in China Mobile (CHL) boosted earnings 56% to $11.4B in the first half of its fiscal 2011. On Tuesday, it announced a $5B plan to sell its holdings in Japanese wireless operator Softbank Corp (SFTBF.PK). However, Vodafone apparently will retain its prized 45% stake in Verizon Wireless (VZ) in hopes of a future dividend.
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  • Nov. 4, 2010, 1:36 PM
    After inking $5.7B in deals, struggling Alcatel Lucent claims it's arrived at a "turning point." On Thursday, it announced contracts to build hi-speed wireless networks and sell gear to Verizon (VZ) and three large China-based accounts. The company today also posted an unexpected Q3 profit of $35.3M.
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  • Oct. 30, 2010, 8:10 AM
    A good look at the challenges - and opportunities - for Ivan Seidenberg's Verizon Wireless (VZ, VOD), as the company's investments in networks and technology face what may be their biggest test in the forthcoming iPhone (AAPL) offering.
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  • Oct. 28, 2010, 3:54 PM
    Verizon Wireless (VZ -0.2%) agrees to pay a $25M fine and refund more than $52M to customers in a record settlement with the FCC for inaccurate billings involving "mystery fees." Verizon says it "made inadvertent billing mistakes [and] accepts responsibility for those errors." (PR)
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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.